Cost of Living in Good Hope, IL

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15%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
48%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Good Hope Illinois National
Cost of living8598100
Groceries100100100
Health care99100100
Housing5295100
Transportation101101100
Utilities9799100
Lifestyle & Entertainment96100100
Household Items102100100
Education & Childcare100100100
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Homes For Sale In Good Hope, IL

property for sale

22870 E 1800th St

Prairie City, IL
property for sale

220 N Union St

Good Hope, IL
property for sale

18046 E 1000th St

Good Hope, IL
property for sale

240 S Monmouth St

Good Hope, IL

Cost Of Living Quick Facts

  • The cost of living in Good Hope is 14% lower than the Illinois average
  • The cost of living in Good Hope is 15% lower than the national average
  • Good Hope housing is 48% lower than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Good Hope

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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$71,302$5,942$1,664$2,139
      Renters$0$0$0$0

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Marietta, IL63990.8%
      Bardolph, IL2867525.0%
      Raritan, IL1277822.5%
      St. Augustine, IL1387921.4%
      Avon, IL7118019.6%
      Good Hope, IL4198515.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rutledge, AL4198020.4%
      Wenden, AZ4198218.0%
      Empire, CO41912120.6%
      Arcadia, KS4197426.0%
      Thayer, KS4198119.1%
      Good Hope, IL4198515.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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