New Hope, OR vs Phoenix, OR

New Hope, OR and Phoenix, OR have a very similar cost of living, with only a 4.9% difference in their overall index. New Hope scores 110 while Phoenix scores 105 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.

When it comes to buying, median home values in New Hope are $421,500 compared to $367,700 in Phoenix, a 15% gap.

Median household income in New Hope is $77,768 compared to $60,656 in Phoenix (+28.2%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Phoenix is notably warmer with an average of 55.9°F compared to 48.9°F in New Hope. New Hope receives more rainfall at 40.7" per year compared to 18.4" in Phoenix.