A hanging planter and light assembly for growing a plant and illumination includes a plurality of a posts, which is engaged to and extends between a bottom plate and a top plate. A chain engaged to and extending from the top plate is engaged to an article of mounting hardware mounted to a surface to hang the hanging planter and light assembly. A bulb can be threadedly inserted into a socket, which is engaged to a lower face of the top plate. A power cord operationally engaged to the socket is used to operationally engage the socket to a source of electrical current. A pot can be inserted into an orifice, which is positioned in the bottom plate. A plant can be grown in the pot and the bulb can provide illumination to an area proximate to the hanging planter and light assembly.