Alma, IL vs Blue Mound, IL

There is a significant gap in the cost of living between these two cities. Alma is 20.1% cheaper than Blue Mound. With a cost index of 52 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alma to Blue Mound should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alma is $483/month compared to $871/month in Blue Mound — a 45% difference. Home values follow the same pattern: Alma is more affordable at $43,300 median vs $98,700.

Median household income in Alma is $50,500 compared to $63,472 in Blue Mound (-20.4%). While Blue Mound is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 11.5% of their income on rent, less than the 16.5% in Blue Mound.