Banner, IL vs Ruma, IL

Banner is moderately more affordable than Ruma, with a 13% lower cost of living index. Banner scores 62 compared to 72 for Ruma, where the US average is 100. This difference means residents of Ruma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Banner is $708/month compared to $933/month in Ruma — a 24% difference. Home values follow the same pattern: Banner is more affordable at $90,000 median vs $125,000.

Median household income in Banner is $36,250 compared to $71,875 in Ruma (-49.6%). While Ruma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Banner spend roughly 23.4% of their income on rent, more than the 15.6% in Ruma.