What is the cost of living in Hope Mills, NC?
According to the most recent data on the cost of living, Hope Mills has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Hope Mills has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Hope Mills ranks as #63 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Hope Mills ranks as the #96 most expensive place in the Tar Heel State.
For more reading on life in Hope Mills, check out:
Hope Mills Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Hope Mills. Here is how it fares on each of the criteria:
The Services index in Hope Mills is 102.
The Groceries index in Hope Mills is 96.
The Health index in Hope Mills is 81.
The Housing index in Hope Mills is 101.
The Transportation index in Hope Mills is 99.
The Utilities index in Hope Mills is 106.
| Living Expense | Hope Mills | North Carolina | National Average |
|---|---|---|---|
| Overall | 96 | 95 | 100 |
| Services | 102 | 98 | 100 |
| Groceries | 96 | 98 | 100 |
| Health | 81 | 89 | 100 |
| Housing | 101 | 100 | 100 |
| Transportation | 99 | 97 | 100 |
| Utilities | 106 | 101 | 100 |
Hope Mills Cost Of Living Compared To North Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around North Carolina, check out:
- Most Expensive Cities In North Carolina
- Most Affordable Cities In North Carolina
- Average Rent In North Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Hope Mills, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Hope Mills is $263,454.
The Median Rent in Hope Mills is $1,141.
The Median Income in Hope Mills is $65,774.
The Home Value To Income in Hope Mills is 4.0x.
The Rent To Monthly Income in Hope Mills is 0.21x.
| Statistic | Hope Mills | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $263,454 | $336,407 | $332,700 |
| Median Rent | $1,141 | $1,228 | $1,413 |
| Median Income | $65,774 | $72,388 | $80,734 |
| Home Value To Income | 4.0x | 4.6x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Hope Mills, NC Costs By Category
Detailed Hope Mills Services costs vs. North Carolina
| Item | Hope Mills | North Carolina |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $10.27 | $12.13 |
| Bowling | $11.0 | $18 |
| Haircut | $19.0 | $24.26 |
| Beauty Salon | $29.58 | $45.56 |
Detailed Hope Mills Groceries costs vs. North Carolina
| Item | Hope Mills | North Carolina |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.18 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $10.29 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Hope Mills Health costs vs. North Carolina
| Item | Hope Mills | North Carolina |
|---|---|---|
| Optometrist | $141.56 | $125.68 |
| Doctor | $136.38 | $135.78 |
| Dentist | $100.17 | $113.29 |
Detailed Hope Mills Transportation costs vs. North Carolina
| Item | Hope Mills | North Carolina |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $63.55 | $59.92 |
Detailed Hope Mills Utilities costs vs. North Carolina
| Item | Hope Mills | North Carolina |
|---|---|---|
| All Electricity | $201.14 | $193.99 |
| Phone | $187.32 | $192.25 |
Hope Mills SnackAbility
Cost Of Living In Cities Around Hope Mills
The cost of living varies in the cities and towns around Hope Mills. Here's a quick look at the cost of living in the most populous nearby places:
Fayetteville, NC has a cost of living index of 98, 1.0x Hope Mills.
Holly Springs, NC has a cost of living index of 126, 1.3x Hope Mills.
Fuquay-Varina, NC has a cost of living index of 112, 1.2x Hope Mills.
| City | Population | Cost Of Living | Vs. Hope Mills |
|---|---|---|---|
| Fayetteville, NC | 210,815 | 98 | 1.0x |
| Holly Springs, NC | 45,248 | 126 | 1.3x |
| Fuquay-Varina, NC | 40,485 | 112 | 1.2x |
| Sanford, NC | 31,478 | 94 | 1.0x |
| Pinehurst, NC | 18,256 | 118 | 1.2x |
| Southern Pines, NC | 16,420 | 112 | 1.2x |
| Laurinburg, NC | 15,087 | 87 | 0.9x |
| Aberdeen, NC | 9,228 | 98 | 1.0x |
| Clinton, NC | 8,304 | 91 | 0.9x |
