Cost of Living in Good Hope, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.3
100 = national avg
-6.7 vs national average
Living Wage (1 Adult)
$41,071
per year
Living Wage (Family of 4)
$97,077
per year
Cost Index by Category
Housing75.3
Food102.8
Transportation105.6
Healthcare102.2
Utilities96.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$728
per month
2 Bedroom
$951
per month
The overall cost of living index in Good Hope is 93.3, which is 6.7% below the national average. Housing costs are below the national average at an index of 75.3. A single adult needs to earn approximately $41,071 per year to cover basic expenses.