Maplewood, MN vs New Hope, MN

Maplewood, MN and New Hope, MN have a very similar cost of living, with only a 1.6% difference in their overall index. Maplewood scores 100 while New Hope scores 102 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Maplewood is $1,316/month compared to $1,306/month in New Hope — a 1% difference. Interestingly, home values tell a different story: while New Hope has cheaper rent, Maplewood actually has lower median home values ($291,300 vs $314,600).

Median household income in Maplewood is $88,534 compared to $73,698 in New Hope (+20.1%). Maplewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Maplewood spend roughly 17.8% of their income on rent, less than the 21.3% in New Hope.

Climate-wise, both cities share similar average temperatures (46.5°F vs 45.8°F). New Hope receives more rainfall at 30.7" per year compared to 29.2" in Maplewood.