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New Hope, PA vs Norvelt, PA

147
New Hope
Pennsylvania
VS
+64.6%
89
Norvelt
Pennsylvania

The cost of living difference between New Hope, PA and Norvelt, PA is dramatic. Norvelt is 64.6% cheaper than New Hope, a gap that translates to thousands of dollars per year in household expenses. New Hope has a cost index of 147 while Norvelt sits at 89, 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.

When it comes to buying, median home values in New Hope are $633,800 compared to $197,900 in Norvelt, a 220% gap.

Median household income in New Hope is $158,929 compared to $54,605 in Norvelt (+191.1%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
New Hope
147
Norvelt
89
39% cheaper
Median Household Income
New Hope
$158,929
66% higher
Norvelt
$54,605

Housing

Median Rent
New Hope
$1,957
Norvelt
Median Home Value
New Hope
$633,800
Norvelt
$197,900
69% cheaper
Population
New Hope
2,623
Norvelt
891

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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