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Hopewell, TN vs Telford, TN

81
Hopewell
Tennessee
VS
-9.2%
89
Telford
Tennessee

Hopewell is moderately more affordable than Telford, with a 9.2% lower cost of living index. Hopewell scores 81 compared to 89 for Telford, where the US average is 100. This difference means residents of Telford can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Hopewell are $227,700 compared to $221,300 in Telford, a 3% gap.

Median household income in Hopewell is $85,461 compared to $70,446 in Telford (+21.3%). Hopewell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Hopewell
81
9% cheaper
Telford
89
Median Household Income
Hopewell
$85,461
18% higher
Telford
$70,446

Housing

Median Rent
Hopewell
$1,007
Telford
Median Home Value
Hopewell
$227,700
Telford
$221,300
3% cheaper
Population
Hopewell
2,624
Telford
875

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopewell $2.89
Telford $2.89
US $3.07
🥚
Eggs (grade A, large)
Hopewell $2.36
Telford $2.36
US $2.50
🥛
Milk (whole)
Hopewell $3.80
Telford $3.80
US $4.03
🍞
Bread (white)
Hopewell $1.74
Telford $1.74
US $1.85
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Chicken breast
Hopewell $3.91
Telford $3.91
US $4.14
Electricity
Hopewell $0.14
Telford $0.15
US $0.19