Assumption, IL vs South Jacksonville, IL
Assumption is moderately more affordable than South Jacksonville, with a 7.6% lower cost of living index. Assumption scores 59 compared to 64 for South Jacksonville, where the US average is 100. This difference means residents of South Jacksonville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Assumption is $646/month compared to $631/month in South Jacksonville — a 2% difference. Interestingly, home values tell a different story: while South Jacksonville has cheaper rent, Assumption actually has lower median home values ($72,100 vs $137,100).
Median household income in Assumption is $55,764 compared to $53,438 in South Jacksonville (+4.4%). Assumption offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Assumption spend roughly 13.9% of their income on rent, less than the 14.2% in South Jacksonville.
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