Goodfield, IL vs Ludlow, IL

The cost of living difference between Goodfield, IL and Ludlow, IL is dramatic. Ludlow is 39.3% cheaper than Goodfield, a gap that translates to thousands of dollars per year in household expenses. Goodfield has a cost index of 86 while Ludlow sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Goodfield is $1,107/month compared to $775/month in Ludlow — a 43% difference. Home values follow the same pattern: Ludlow is more affordable at $74,500 median vs $254,100.

Median household income in Goodfield is $110,417 compared to $46,250 in Ludlow (+138.7%). While Goodfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goodfield spend roughly 12% of their income on rent, less than the 20.1% in Ludlow.

Climate-wise, both cities share similar average temperatures (52.7°F vs 52.3°F). Ludlow receives more rainfall at 40.4" per year compared to 37.6" in Goodfield.