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Hopewell, TN vs South Cleveland, TN

81
Hopewell
Tennessee
VS
+8.7%
74
South Cleveland
Tennessee

South Cleveland is moderately more affordable than Hopewell, with a 8.7% lower cost of living index. Hopewell scores 81 compared to 74 for South Cleveland, where the US average is 100. This difference means residents of Hopewell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hopewell is $1,007/month compared to $880/month in South Cleveland — a 14% difference. Home values follow the same pattern: South Cleveland is more affordable at $195,700 median vs $227,700.

Median household income in Hopewell is $85,461 compared to $64,607 in South Cleveland (+32.3%). While Hopewell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hopewell spend roughly 14.1% of their income on rent, less than the 16.3% in South Cleveland.

Income & Cost

Cost of Living Index
Hopewell
81
South Cleveland
74
8% cheaper
Median Household Income
Hopewell
$85,461
24% higher
South Cleveland
$64,607

Housing

Median Rent
Hopewell
$1,007
South Cleveland
$880
13% cheaper
Median Home Value
Hopewell
$227,700
South Cleveland
$195,700
14% cheaper
Population
Hopewell
2,624
South Cleveland
7,748

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopewell $2.89
South Cleveland $2.89
US $3.07
🥚
Eggs (grade A, large)
Hopewell $2.36
South Cleveland $2.36
US $2.50
🥛
Milk (whole)
Hopewell $3.80
South Cleveland $3.80
US $4.03
🍞
Bread (white)
Hopewell $1.74
South Cleveland $1.74
US $1.85
🍗
Chicken breast
Hopewell $3.91
South Cleveland $3.91
US $4.14
Electricity
Hopewell $0.14
South Cleveland $0.14
US $0.19