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New Hope Cost of Living: Minnesota (MN)

The cost of living in New Hope, Minnesota (MN) is higher than the average cost of living in the state of Minnesota and higher than the nationwide city average. The average annual pay in New Hope is $62,261.00, which is $12,145.00 higher than the salary average in Minnesota and higher than the U.S. average yearly wages by $12,453.00.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average New Hope annual salary, sales tax rates and the regional consumer price index.


Average Annual Pay:
New Hope Minnesota U.S. City Average
$62,261.00 $50,116.00 $49,808.00



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