London Mills, IL vs Raymond, IL

London Mills, IL and Raymond, IL have a very similar cost of living, with only a 3.6% difference in their overall index. London Mills scores 69 while Raymond scores 66 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 London Mills is $1,013/month compared to $833/month in Raymond — a 22% difference. Interestingly, home values tell a different story: while Raymond has cheaper rent, London Mills actually has lower median home values ($54,800 vs $96,600).

Median household income in London Mills is $52,656 compared to $64,063 in Raymond (-17.8%). Raymond offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of London Mills spend roughly 23.1% of their income on rent, more than the 15.6% in Raymond.

Climate-wise, both cities share similar average temperatures (52.7°F vs 54°F). Raymond receives more rainfall at 38" per year compared to 37.6" in London Mills.