Manchester, IL vs Rankin, IL

Manchester, IL and Rankin, IL have a very similar cost of living, with only a 4.3% difference in their overall index. Manchester scores 56 while Rankin scores 58 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 Manchester is $500/month compared to $718/month in Rankin — a 30% difference. Interestingly, home values tell a different story: while Manchester has cheaper rent, Rankin actually has lower median home values ($57,700 vs $85,000).

Median household income in Manchester is $73,250 compared to $47,125 in Rankin (+55.4%). Manchester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Manchester spend roughly 8.2% of their income on rent, less than the 18.3% in Rankin.

Climate-wise, both cities share similar average temperatures (54°F vs 52.3°F). Rankin receives more rainfall at 40.4" per year compared to 38" in Manchester.