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Banner, IL vs Scales Mound, IL

62
Banner
Illinois
VS
-10.8%
70
Scales Mound
Illinois

Banner is moderately more affordable than Scales Mound, with a 10.8% lower cost of living index. Banner scores 62 compared to 70 for Scales Mound, where the US average is 100. This difference means residents of Scales Mound 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 $774/month in Scales Mound — a 9% difference. Home values follow the same pattern: Banner is more affordable at $90,000 median vs $158,000.

Median household income in Banner is $36,250 compared to $66,765 in Scales Mound (-45.7%). While Scales 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 Banner spend roughly 23.4% of their income on rent, more than the 13.9% in Scales Mound.

Income & Cost

Cost of Living Index
Banner
62
11% cheaper
Scales Mound
70
Median Household Income
Banner
$36,250
Scales Mound
$66,765
46% higher

Housing

Median Rent
Banner
$708
9% cheaper
Scales Mound
$774
Median Home Value
Banner
$90,000
43% cheaper
Scales Mound
$158,000
Population
Banner
148
Scales Mound
441

Salary Equivalency Calculator

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