Blue Mound, IL vs Ransom, IL
Blue Mound, IL and Ransom, IL have a very similar cost of living, with only a 0.9% difference in their overall index. Blue Mound scores 65 while Ransom scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Blue Mound is $871/month compared to $700/month in Ransom — a 24% difference. Interestingly, home values tell a different story: while Ransom has cheaper rent, Blue Mound actually has lower median home values ($98,700 vs $101,500).
Median household income in Blue Mound is $63,472 compared to $69,250 in Ransom (-8.3%). While Ransom is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Blue Mound spend roughly 16.5% of their income on rent, more than the 12.1% in Ransom.
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