Ladd, IL vs Mount Auburn, IL
Ladd, IL and Mount Auburn, IL have a very similar cost of living, with only a 3.3% difference in their overall index. Ladd scores 69 while Mount Auburn scores 72 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 Ladd is $847/month compared to $1,138/month in Mount Auburn — a 26% difference. Interestingly, home values tell a different story: while Ladd has cheaper rent, Mount Auburn actually has lower median home values ($85,000 vs $123,600).
Median household income in Ladd is $73,646 compared to $55,714 in Mount Auburn (+32.2%). Ladd offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ladd spend roughly 13.8% of their income on rent, less than the 24.5% in Mount Auburn.
Climate-wise, Mount Auburn is notably warmer with an average of 53.1°F compared to 47.8°F in Ladd. Ladd receives more rainfall at 37.4" per year compared to 36.4" in Mount Auburn.
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