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Diamond, IL vs Goodfield, IL

90
Diamond
Illinois
VS
+5.6%
86
Goodfield
Illinois

Goodfield is moderately more affordable than Diamond, with a 5.6% lower cost of living index. Diamond scores 90 compared to 86 for Goodfield, where the US average is 100. This difference means residents of Diamond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Diamond is $1,224/month compared to $1,107/month in Goodfield — a 11% difference. Interestingly, home values tell a different story: while Goodfield has cheaper rent, Diamond actually has lower median home values ($211,500 vs $254,100).

Median household income in Diamond is $60,000 compared to $110,417 in Goodfield (-45.7%). Goodfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Diamond spend roughly 24.5% of their income on rent, more than the 12% in Goodfield.

Income & Cost

Cost of Living Index
Diamond
90
Goodfield
86
5% cheaper
Median Household Income
Diamond
$60,000
Goodfield
$110,417
46% higher

Housing

Median Rent
Diamond
$1,224
Goodfield
$1,107
10% cheaper
Median Home Value
Diamond
$211,500
17% cheaper
Goodfield
$254,100
Population
Diamond
2,900
Goodfield
986

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Diamond $3.20
Goodfield $2.85
US $3.07
🥚
Eggs (grade A, large)
Diamond $2.61
Goodfield $2.33
US $2.50
🥛
Milk (whole)
Diamond $4.20
Goodfield $3.75
US $4.03
🍞
Bread (white)
Diamond $1.93
Goodfield $1.72
US $1.85
🍗
Chicken breast
Diamond $4.32
Goodfield $3.86
US $4.14
Electricity
Diamond $0.15
Goodfield $0.17
US $0.19