Zip 61438 (Good Hope, IL) Cost of Living


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How much do I need to live in Good Hope, Illinois?
$1,620 / month
for a family, 70.0% less expensive than the national average A total of $19,440 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Good Hope cost of living score
68.6
Less expensive
31.4% lower
than the US average
26.8% lower
than the Illinois average
Good Hope (zip 61438), Illinois gets a BestPlaces Cost of Living score of 68.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.4% lower than the U.S. average and 26.8% higher than the average for Illinois.

Zip 61438 (Good Hope, IL)

Housing costs in Good Hope?
A typical home costs $101,600, which is 69.9% less expensive than the national average of $338,100 and 58.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Good Hope costs $800 per month, which is 36.5% cheaper than the national average of $1,260 and close to the state average of $790.

Can I afford Good Hope?
To live comfortably in Good Hope (zip 61438), Illinois, a minimum annual income of $19,440 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Good Hope?
The cost of living in 61438 Good Hope, IL is generally considered to be quite reasonable. It has a low unemployment rate and median household income that is slightly lower than the national average. There are plenty of housing options available at an affordable price point, ranging from single-family homes to more luxurious condos. Grocery stores, gas stations, restaurants, and other basic necessities are all located within close proximity to the city center. Utilities are also relatively inexpensive when compared to other parts of the country. In summary, 61438 Good Hope, IL may be on the smaller side but provides its residents with plenty of opportunities for a comfortable lifestyle at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGood HopeIllinoisUnited States
    Unlock93.7100.0
  92.4  Unlock100.0
    Unlock96.9100.0
  33.3  Unlock100.0
    Unlock$241,700$338,100
  94.4  Unlock100.0
    Unlock106.2100.0
  130.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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