Home / Compare / Ferris vs Good Hope

Ferris, IL vs Good Hope, IL

80
Ferris
Illinois
VS
+22.8%
65
Good Hope
Illinois

There is a significant gap in the cost of living between these two cities. Good Hope is 22.8% cheaper than Ferris. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Good Hope to Ferris should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Ferris are $80,800 compared to $95,900 in Good Hope, a 16% gap.

Median household income in Ferris is $51,250 compared to $69,063 in Good Hope (-25.8%). Good Hope offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.9°F). Good Hope receives more rainfall at 37.9" per year compared to 37.9" in Ferris.

Income & Cost

Cost of Living Index
Ferris
80
Good Hope
65
19% cheaper
Median Household Income
Ferris
$51,250
Good Hope
$69,063
26% higher

Housing

Median Rent
Ferris
Good Hope
$788
Median Home Value
Ferris
$80,800
16% cheaper
Good Hope
$95,900
Population
Ferris
135
Good Hope
397

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula:

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ferris 51.9°F
Good Hope 51.9°F
Summer High
Ferris 85°F
Good Hope 85°F
Winter Low
Ferris 16°F
Good Hope 16°F
Rainfall
Ferris 37.9"
Good Hope 37.9"
Rainy Days
Ferris 114d
Good Hope 114d