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New Hope, OR vs Tri-City, OR

110
New Hope
Oregon
VS
+29.5%
85
Tri-City
Oregon

There is a significant gap in the cost of living between these two cities. Tri-City is 29.5% cheaper than New Hope. With a cost index of 85 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tri-City to New Hope should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in New Hope are $421,500 compared to $240,800 in Tri-City, a 75% gap.

Median household income in New Hope is $77,768 compared to $47,922 in Tri-City (+62.3%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Tri-City 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 32.1" in Tri-City.

Income & Cost

Cost of Living Index
New Hope
110
Tri-City
85
23% cheaper
Median Household Income
New Hope
$77,768
38% higher
Tri-City
$47,922

Housing

Median Rent
New Hope
Tri-City
$935
Median Home Value
New Hope
$421,500
Tri-City
$240,800
43% cheaper
Population
New Hope
1,529
Tri-City
4,362

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Hope $3.21
Tri-City
US $3.07
🥚
Eggs (grade A, large)
New Hope $2.62
Tri-City
US $2.50
🥛
Milk (whole)
New Hope $4.22
Tri-City
US $4.03
🍞
Bread (white)
New Hope $1.94
Tri-City
US $1.85
🍗
Chicken breast
New Hope $4.34
Tri-City
US $4.14
Electricity
New Hope $0.17
Tri-City
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Hope 48.9°F
Tri-City 55.9°F
Summer High
New Hope 77°F
Tri-City 86°F
Winter Low
New Hope 33°F
Tri-City 37°F
Rainfall
New Hope 40.7"
Tri-City 32.1"
Rainy Days
New Hope 126d
Tri-City 141d