Albion, IL vs Schram City, IL

Albion, IL and Schram City, IL have a very similar cost of living, with only a 1.5% difference in their overall index. Albion scores 66 while Schram City scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albion is $808/month compared to $794/month in Schram City — a 2% difference. Home values follow the same pattern: Schram City is more affordable at $86,500 median vs $93,000.

Median household income in Albion is $56,172 compared to $51,071 in Schram City (+10%). While Albion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 17.3% of their income on rent, less than the 18.7% in Schram City.