salaryRent is lower than in 52% of U.S. cities. A typical house costs about 6.4 years of household income, so buying is hard for most locals. Commutes are long, about 36 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $64,800 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other California cities?
Yes. Rent here is cheaper than in most of California. It is number 108 of 653 cities from cheapest to most expensive.
How much do households earn in Good Hope?
Share of households by yearly income. 20.3% of households earn $100,000 or more.
Rent by apartment size in Good Hope
| Size | Good Hope | U.S. average |
|---|---|---|
| 1 bedroom | $1,103 | $1,324 |
| 2 bedrooms | $1,675 | $1,509 |
| 3 bedrooms | $1,587 | $1,698 |
| 4 bedrooms | $2,253 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Good Hope overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Good Hope, so the California figure is shown.
Taxes and bills in Good Hope
Life in Good Hope
Is it cheaper to rent or buy in Good Hope?
Renting is cheaper right now: about $1,098 a month less.
Owning assumes a typical $391,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,170 for the down payment.
Frequently asked questions
What is the average rent in Good Hope, CA?
Renting in Good Hope costs a median of about $1,620 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Good Hope?
To keep rent under 30% of income, you need about $64,800 a year, or $31 an hour at a full-time job.
Is Good Hope cheap or expensive?
Good Hope is rated Expensive: rent takes 31.6% of the typical household income of $61,454. It ranks 108th cheapest of 653 California cities we track.
How much are property taxes in Good Hope?
The median homeowner in Good Hope pays $1,926 a year in property taxes, about 0.49% of the median home value.
Is Good Hope more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Good Hope?
The median home value in Good Hope is $391,700, about 6.4 times the typical yearly household income.
8,816 people live in Good Hope. Numbers are typical (middle) values.