Renewable energy-sourced integrated plants are among the novel and interesting technologies for production of the clean and effective beneficial multiple commodities. Also, these technologies are one of the main motivations for overcoming environmental troubles. The newly designed geothermal-based multigeneration plant deals with clean and sustainable power, hydrogen, cooling, and heating generation and then comprehensive thermodynamic and economic analyses. This system is driven by a geothermal source that includes a transcritical CO2 based Rankine cycle, an ejector cooling cycle, a hydrogen generation and compression unit, and a domestic hot water preparation unit. Here, a comprehensive mathematical modeling is discussed that are energy and exergy efficiency methods along with economic cost evaluation. Furthermore, to define the optimal working conditions, a multiobjective optimization method is fulfilled based on the relationship between the developed multigeneration system's cost and exergy efficiency. Additionally, a comprehensive parametric assessment is implemented to describe how effects of various indicators on the developed model’s efficiency. In outlook of these outcomes, it is crystal clear that the quantity of clean power and hydrogen generation rate is 1283 kW and 0.009374 kgs−1, respectively. The energy and exergy efficiencies of the developed MG cycle are figured as 27.60% and 22.56%, at 152 ℃ geothermal source temperature. the optimal plant total cost rate is computed as 80.48 $h−1. Finally, it is concluded that this proposed system's performance and cost rates are compatible and applicable.