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Lower Allen, PA vs New Hope, PA

88
Lower Allen
Pennsylvania
VS
-40.2%
147
New Hope
Pennsylvania

The cost of living difference between Lower Allen, PA and New Hope, PA is dramatic. Lower Allen is 40.2% cheaper than New Hope, a gap that translates to thousands of dollars per year in household expenses. Lower Allen has a cost index of 88 while New Hope sits at 147, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lower Allen is $1,117/month compared to $1,957/month in New Hope — a 43% difference. Home values follow the same pattern: Lower Allen is more affordable at $246,100 median vs $633,800.

Median household income in Lower Allen is $85,537 compared to $158,929 in New Hope (-46.2%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lower Allen spend roughly 15.7% of their income on rent, more than the 14.8% in New Hope.

Income & Cost

Cost of Living Index
Lower Allen
88
40% cheaper
New Hope
147
Median Household Income
Lower Allen
$85,537
New Hope
$158,929
46% higher

Housing

Median Rent
Lower Allen
$1,117
43% cheaper
New Hope
$1,957
Median Home Value
Lower Allen
$246,100
61% cheaper
New Hope
$633,800
Population
Lower Allen
7,582
New Hope
2,623

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lower Allen $3.01
New Hope $3.01
US $3.07
🥚
Eggs (grade A, large)
Lower Allen $2.46
New Hope $2.46
US $2.50
🥛
Milk (whole)
Lower Allen $3.96
New Hope $3.95
US $4.03
🍞
Bread (white)
Lower Allen $1.82
New Hope $1.82
US $1.85
🍗
Chicken breast
Lower Allen $4.07
New Hope $4.07
US $4.14
Electricity
Lower Allen $0.22
New Hope $0.23
US $0.19