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Blue Mound, IL vs Sheridan, IL

65
Blue Mound
Illinois
VS
-16.7%
78
Sheridan
Illinois

There is a significant gap in the cost of living between these two cities. Blue Mound is 16.7% cheaper than Sheridan. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Blue Mound to Sheridan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Blue Mound is $871/month compared to $964/month in Sheridan — a 10% difference. Home values follow the same pattern: Blue Mound is more affordable at $98,700 median vs $183,200.

Median household income in Blue Mound is $63,472 compared to $73,214 in Sheridan (-13.3%). The higher salaries in Sheridan partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Blue Mound spend roughly 16.5% of their income on rent, more than the 15.8% in Sheridan.

Income & Cost

Cost of Living Index
Blue Mound
65
17% cheaper
Sheridan
78
Median Household Income
Blue Mound
$63,472
Sheridan
$73,214
13% higher

Housing

Median Rent
Blue Mound
$871
10% cheaper
Sheridan
$964
Median Home Value
Blue Mound
$98,700
46% cheaper
Sheridan
$183,200
Population
Blue Mound
891
Sheridan
2,610

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Blue Mound $2.85
Sheridan
US $3.07
🥚
Eggs (grade A, large)
Blue Mound $2.33
Sheridan
US $2.50
🥛
Milk (whole)
Blue Mound $3.75
Sheridan
US $4.03
🍞
Bread (white)
Blue Mound $1.72
Sheridan
US $1.85
🍗
Chicken breast
Blue Mound $3.86
Sheridan
US $4.14
Electricity
Blue Mound $0.17
Sheridan
US $0.19