The cost of living in Hopewell Junction, NY, exceeds the nationwide average by a significant margin. Housing costs are 30% higher, while groceries and healthcare are 5% and 20% higher, respectively. Utilities and miscellaneous expenses are also above average, at 10% and 2% higher. However, transportation costs are 5% lower than the national average.
The cost of living in Hopewell Junction, NY, shows some variations when compared to the nationwide average. Housing costs in Hopewell Junction stand at 130, which is 30% higher than the national average. This means that expenses related to housing, such as rent or mortgage, are significantly higher for residents in this area. Groceries, another essential expense, are 105 in Hopewell Junction, reflecting a 5% increase over the national average. This indicates that while groceries are not excessively expensive, they still cost more than the average American household.
Utilities in Hopewell Junction are at 110, which is 10% above the national average. This suggests that costs for electricity, gas, water, and other utilities are slightly higher than what most people might expect. Transportation costs, however, are relatively lower, with an index of 95, meaning they are 5% below the national average. Healthcare costs in Hopewell Junction are 120, which is 20% higher than the average. Miscellaneous costs, including items like clothing and entertainment, are at 102, showing a modest 2% increase over the national average. Overall, while some costs in Hopewell Junction are higher than the national average, others are lower, providing a mixed picture for potential residents.
