Carthage, IL vs Mounds, IL

There is a significant gap in the cost of living between these two cities. Carthage is 15.7% cheaper than Mounds. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carthage to Mounds should plan for substantially higher expenses across most categories.

Renters will find that Carthage has a median rent of $679/month while Mounds comes in at $559/month, a 22% difference.

Median household income in Carthage is $75,179 compared to $27,333 in Mounds (+175%). Carthage offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carthage spend roughly 10.8% of their income on rent, less than the 24.5% in Mounds.