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New Hope, AL vs Town Creek, AL

67
New Hope
Alabama
VS
+13.7%
59
Town Creek
Alabama

Town Creek is moderately more affordable than New Hope, with a 13.7% lower cost of living index. New Hope scores 67 compared to 59 for Town Creek, where the US average is 100. This difference means residents of New Hope can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Hope is $692/month compared to $606/month in Town Creek — a 14% difference. Home values follow the same pattern: Town Creek is more affordable at $111,800 median vs $158,200.

Median household income in New Hope is $80,787 compared to $40,993 in Town Creek (+97.1%). 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 New Hope spend roughly 10.3% of their income on rent, less than the 17.7% in Town Creek.

Climate-wise, both cities share similar average temperatures (62.9°F vs 60.7°F). Town Creek receives more rainfall at 56.3" per year compared to 54.3" in New Hope.

Income & Cost

Cost of Living Index
New Hope
67
Town Creek
59
12% cheaper
Median Household Income
New Hope
$80,787
49% higher
Town Creek
$40,993

Housing

Median Rent
New Hope
$692
Town Creek
$606
12% cheaper
Median Home Value
New Hope
$158,200
Town Creek
$111,800
29% cheaper
Population
New Hope
2,895
Town Creek
1,015

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Hope $2.90
Town Creek $2.90
US $3.07
🥚
Eggs (grade A, large)
New Hope $2.37
Town Creek $2.37
US $2.50
🥛
Milk (whole)
New Hope $3.81
Town Creek $3.81
US $4.03
🍞
Bread (white)
New Hope $1.75
Town Creek $1.75
US $1.85
🍗
Chicken breast
New Hope $3.92
Town Creek $3.92
US $4.14
Electricity
New Hope $0.17
Town Creek $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Hope 62.9°F
Town Creek 60.7°F
Summer High
New Hope 92°F
Town Creek 89°F
Winter Low
New Hope 33°F
Town Creek 31°F
Rainfall
New Hope 54.3"
Town Creek 56.3"
Rainy Days
New Hope 118d
Town Creek 113d