New Hope, TX vs Quanah, TX

The cost of living difference between New Hope, TX and Quanah, TX is dramatic. Quanah is 115.1% cheaper than New Hope, a gap that translates to thousands of dollars per year in household expenses. New Hope has a cost index of 125 while Quanah sits at 58, 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.

On the housing front, median rent in New Hope is $1,841/month compared to $630/month in Quanah — a 192% difference. Home values follow the same pattern: Quanah is more affordable at $70,800 median vs $405,600.

Median household income in New Hope is $65,625 compared to $51,985 in Quanah (+26.2%). New Hope does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of New Hope spend roughly 33.7% of their income on rent, more than the 14.5% in Quanah. The Quanah ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (65°F vs 62.7°F). New Hope receives more rainfall at 38.3" per year compared to 23.7" in Quanah.