Good Hope, IL vs Hamburg, IL
There is a significant gap in the cost of living between these two cities. Good Hope is 17.7% cheaper than Hamburg. With a cost index of 65 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Good Hope to Hamburg should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Good Hope are $95,900 compared to $75,400 in Hamburg, a 27% gap.
Median household income in Good Hope is $69,063 compared to $43,625 in Hamburg (+58.3%). Good Hope offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Hamburg is notably warmer with an average of 56.1°F compared to 51.9°F in Good Hope. Hamburg receives more rainfall at 39.4" per year compared to 37.9" in Good Hope.
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