Alexandria city, VA vs Hopewell city, VA: Cost of Living Difference

Is it cheaper?

Hopewell city, VA is cheaper than Alexandria city, VA.

Moving to Hopewell city, VA is estimated to save $20,912 per year.

Cheaper cost of living

Cheaper County

Hopewell city, VASave about $20,912 per year.

Salary needed

$50,000 in Alexandria city, VA is about $35,250 in Hopewell city, VA.

Biggest drivers

Transport increases by $1,830 per year. Housing saves $10,721 per year.

Housing: $10,721 lower in Hopewell city, VA

Taxes: $6,825 lower in Hopewell city, VA

Childcare: about the same in both counties

Healthcare: $189 higher in Hopewell city, VA

Food: $1,569 lower in Hopewell city, VA

Transport: $1,830 higher in Hopewell city, VA

Alexandria city, VAHopewell city, VA
Equivalent salary in Hopewell city, VA
$35,250
-29.5% lower
Current salary: $50,000
Household: 1 adult · 0 children
Median Income in Alexandria city, VA: $153,506
Median Income in Hopewell city, VA: $56,184
Living Index in Alexandria city, VA 46.18%
Living Index in Hopewell city, VA 88.94%

This estimate matches your purchasing power (equivalent salary) when moving from Alexandria city, VA to Hopewell city, VA.

* Living index is estimated as (estimated total cost / area median income) * 100. A living index above 100% means modeled costs exceed median income.

Cost of Living Breakdown by Category

Summary

Moving from Alexandria city, VA to Hopewell city, VA is estimated to save $20,912 per year. A $50,000 salary in Alexandria city, VA would have similar purchasing power to about $35,250 in Hopewell city, VA. The largest savings come from housing and taxes.

This is a -29.5% decrease in modeled annual costs. Housing is $10,721 per year lower (-43.62%); Taxes is $6,825 per year lower (-40.14%).

Below we break down the annual categories behind the difference using Economic Policy Institute 2026 Family Budget data.

Why this comparison matters

These notes use the actual annual cost differences between Alexandria city, VA and Hopewell city, VA, so the page highlights the budget tradeoffs behind the total.

Salary needed

A $50,000 salary in Alexandria city, VA would need to be about $35,250 in Hopewell city, VA, or $14,750 less, to match the modeled cost ratio.

Affordability vs median income

Modeled annual costs equal about 46.2% of median family income in Alexandria city, VA and 88.9% in Hopewell city, VA. This matters because a cheaper county can still feel tight if typical local incomes are also lower.

Housing

Housing is $10,721 per year lower in Hopewell city, VA than in Alexandria city, VA. Housing usually behaves like a fixed monthly commitment, so this matters most for renters or buyers checking whether Hopewell city, VA changes their baseline budget.

Food

Food is $1,569 per year lower in Hopewell city, VA than in Alexandria city, VA. Food costs affect weekly cash flow, so even a smaller annual gap in Hopewell city, VA can show up quickly for households that cook most meals at home.

Transportation

Transportation is $1,830 per year higher in Hopewell city, VA than in Alexandria city, VA. Transportation matters for commuters because driving distance, vehicle costs, and transit access can change how much of a salary is left after getting around Hopewell city, VA.

Healthcare

Healthcare is $189 per year higher in Hopewell city, VA than in Alexandria city, VA. Healthcare differences are useful for planning premiums and out-of-pocket exposure, especially if Hopewell city, VA changes provider networks or plan options.

Other necessities

Other necessities is $3,815 per year lower in Hopewell city, VA than in Alexandria city, VA. Other necessities cover everyday basics, so changes in Hopewell city, VA help explain the non-housing costs that can quietly add up month after month.

Childcare

Childcare is about the same in Alexandria city, VA and Hopewell city, VA, so this category is not a major driver of the modeled gap. Childcare is most important for households with children; in Hopewell city, VA, this line can swing the result even when housing or taxes look manageable.

Taxes

Taxes is $6,825 per year lower in Hopewell city, VA than in Alexandria city, VA. Taxes affect take-home pay, so the gap in Hopewell city, VA matters even if the headline salary looks similar before deductions.

What changed the most?

The following cards show the annual category differences that most affect the move to Hopewell city, VA.

Biggest Cost
Largest annual cost increase when moving to Hopewell city, VA
Annual Increase:

$1,830 per year

TRANSPORT has the largest annual increase when moving to Hopewell city, VA.

Biggest Savings
Largest annual savings when moving to Hopewell city, VA
Annual Savings:

$10,721 per year

HOUSING has the largest annual savings when moving to Hopewell city, VA.

Breakdown of price percentages per category.

Numbers are average costs per section.

CategoryDifference
Housing-44% lower
Food-27% lower
Transport19% higher
Healthcare4% higher
Other Costs-41% lower
Childcare0% higher
Taxes-40% lower

In Hopewell city, VA, modeled annual costs are $49,970 compared with $70,882 in Alexandria city, VA.

Overall, annual costs are lower in Hopewell city, VA. The category breakdown above shows where the move creates the most room in the budget.

In this case Hopewell city, VA and Alexandria city, VA are both metropolitan locations.

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Cost of living methodology and data sources
Alexandria city, VA vs Hopewell city, VA Cost of Living (2026)