Alma, IL vs Mounds, IL

The cost of living difference between Alma, IL and Mounds, IL is dramatic. Alma is 31.4% cheaper than Mounds, a gap that translates to thousands of dollars per year in household expenses. Alma has a cost index of 52 while Mounds sits at 76, 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.

Renters will find that Alma has a median rent of $483/month while Mounds comes in at $559/month, a 14% difference.

Median household income in Alma is $50,500 compared to $27,333 in Mounds (+84.8%). Alma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 11.5% of their income on rent, less than the 24.5% in Mounds.