The cost of living in Hopewell, VA, is notably lower than the nationwide average. Housing costs 15% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly above the national average, ranging from 5% to 8% higher. This makes Hopewell a more affordable option for many job seekers.
The cost of living in Hopewell, VA, presents a favorable comparison to the nationwide average. Housing costs in Hopewell stand at 85 on the cost of living index, which is 15% lower than the average. This suggests that residents can find more affordable housing options compared to the national average.
Other expenses also reflect the lower cost of living in Hopewell. Groceries cost 95 on the index, which is 5% less than the average. Utilities are slightly higher at 97, but still only 3% above the national average. Transportation costs are at 92, which is 8% below the average. Healthcare costs are slightly higher at 98, but still only 2% above the average. Miscellaneous expenses are at 90, which is 10% lower than the average. Overall, these figures indicate that the cost of living in Hopewell, VA, is quite competitive and often more affordable than the national average.
