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Good Hope, CA vs Soledad, CA

108
Good Hope
California
VS
-20.2%
135
Soledad
California

There is a significant gap in the cost of living between these two cities. Good Hope is 20.2% cheaper than Soledad. With a cost index of 108 vs 135, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Good Hope to Soledad should plan for substantially higher expenses across most categories.

On the housing front, median rent in Good Hope is $1,451/month compared to $1,604/month in Soledad — a 10% difference. Home values follow the same pattern: Good Hope is more affordable at $319,600 median vs $571,600.

Median household income in Good Hope is $56,328 compared to $93,204 in Soledad (-39.6%). While Soledad is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Good Hope spend roughly 30.9% of their income on rent, more than the 20.7% in Soledad. The Soledad ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Good Hope is notably warmer with an average of 63.3°F compared to 58.1°F in Soledad. Soledad receives more rainfall at 12.6" per year compared to 10.7" in Good Hope.

Income & Cost

Cost of Living Index
Good Hope
108
20% cheaper
Soledad
135
Median Household Income
Good Hope
$56,328
Soledad
$93,204
40% higher

Housing

Median Rent
Good Hope
$1,451
10% cheaper
Soledad
$1,604
Median Home Value
Good Hope
$319,600
44% cheaper
Soledad
$571,600
Population
Good Hope
8,315
Soledad
24,476

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Good Hope $3.13
Soledad $3.22
US $3.07
🥚
Eggs (grade A, large)
Good Hope $2.55
Soledad $2.62
US $2.50
🥛
Milk (whole)
Good Hope $4.11
Soledad $4.22
US $4.03
🍞
Bread (white)
Good Hope $1.89
Soledad $1.94
US $1.85
🍗
Chicken breast
Good Hope $4.22
Soledad $4.35
US $4.14
Electricity
Good Hope $0.31
Soledad $0.26
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Good Hope 63.3°F
Soledad 58.1°F
Summer High
Good Hope 94°F
Soledad 71°F
Winter Low
Good Hope 37°F
Soledad 42°F
Rainfall
Good Hope 10.7"
Soledad 12.6"
Rainy Days
Good Hope 0d
Soledad 56d