Alma, IL vs Ridge Farm, IL

Alma is moderately more affordable than Ridge Farm, with a 14.6% lower cost of living index. Alma scores 52 compared to 61 for Ridge Farm, where the US average is 100. This difference means residents of Ridge Farm can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $483/month compared to $695/month in Ridge Farm — a 31% difference. Home values follow the same pattern: Alma is more affordable at $43,300 median vs $73,000.

Median household income in Alma is $50,500 compared to $50,833 in Ridge Farm (-0.7%). Ridge Farm does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Alma spend roughly 11.5% of their income on rent, less than the 16.4% in Ridge Farm.