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Cost of Living in Hope, IN

2025 Affordability Data & Housing Costs

89.6

Cost of Living Index (100 = US Average)

Affordable

Median Home Value

$127,200

Owner-occupied homes (2023 ACS)

Median Household Income

$68,015

Annual (2023 ACS)

Housing Costs

The median home value in Hope is $127,200, which is lower than the national average. The home price-to-income ratio is 1.9, indicating strong affordability.

Income & Purchasing Power

The median household income in Hope is $68,015 annually.

Compare with Other Cities

View all cities in Indiana

Frequently Asked Questions

What is the cost of living index in Hope, IN?

The COL index is 89.6, which is lower than the US average of 100.

What is the median home value in Hope?

The median home value is $127,200.

What is the median rent in Hope?

Data not available.

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