Cost of Living in New Hope, OR

With a cost of living index of 110, New Hope, OR is somewhat more expensive than average. Living here is 10% more expensive than the national average and 3% above the Oregon state average of 106. New Hope is a small community of 1,529 residents.

The median household income in New Hope is $77,768, which is 3% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to New Hope. The area sees an average annual temperature of 48.9°F, with summers averaging 62°F and winters around 38°F. Annual rainfall totals 40.7 inches spread over roughly 126 days.

Everyday prices in the Grants Pass, OR (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.