Flanagan, IL vs Richmond, IL

There is a significant gap in the cost of living between these two cities. Flanagan is 25.1% cheaper than Richmond. With a cost index of 68 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Flanagan to Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Flanagan is $839/month compared to $1,183/month in Richmond — a 29% difference. Home values follow the same pattern: Flanagan is more affordable at $103,900 median vs $225,800.

Median household income in Flanagan is $75,104 compared to $70,379 in Richmond (+6.7%). Flanagan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Flanagan spend roughly 13.4% of their income on rent, less than the 20.2% in Richmond.

Climate-wise, Flanagan is notably warmer with an average of 52.7°F compared to 49.2°F in Richmond. Flanagan receives more rainfall at 37.6" per year compared to 31.9" in Richmond.