Cost of Living in New Hope, MN
Population: 21,402 | Minnesota
102
Cost of Living Index
US Average = 100
New Hope is 2% more expensive than the national average.
99
Housing
103
Home Values
104
Regional Price
Income
- Median Household Income
- $73,698
- vs US Median ($75,149)
- -2%
Housing
- Median Rent
- $1,306/mo
- Median Home Value
- $314,600
- Median Monthly Housing Cost
- $1,384/mo
Everyday Prices in New Hope
BLS Average Prices for the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) area
⛽
$3.20
Gasoline (regular)
per gallon
+5% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+5% vs US
🥛
$4.21
Milk (whole)
per gallon
+5% vs US
🍞
$1.93
Bread (white)
per lb
+5% vs US
🍗
$4.33
Chicken breast
per lb
+5% vs US
⚡
$0.17
Electricity
per kWh
-10% vs US
Climate in New Hope
NOAA 30-year normals (1991-2020)
45.8°F
Avg Temperature
30.7"
Rainfall / Year
0d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 24 | 29 | 42 | 57 | 70 | 79 | 83 | 81 | 73 | 58 | 42 | 29 |
| Avg °F | 16 | 20 | 33 | 46 | 58 | 69 | 73 | 71 | 62 | 48 | 34 | 21 |
| Low °F | 7 | 11 | 23 | 35 | 47 | 58 | 63 | 61 | 52 | 38 | 26 | 13 |
| Rain" | 0.6 | 0.6 | 1.4 | 2.9 | 4.3 | 4.4 | 4.2 | 4.1 | 3.2 | 2.6 | 1.5 | 0.9 |