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Mitchell, IL vs Richmond, IL

81
Mitchell
Illinois
VS
-9.9%
90
Richmond
Illinois

Mitchell is moderately more affordable than Richmond, with a 9.9% lower cost of living index. Mitchell scores 81 compared to 90 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Mitchell are $98,500 compared to $225,800 in Richmond, a 56% gap.

Median household income in Mitchell is $55,313 compared to $70,379 in Richmond (-21.4%). While Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Mitchell is notably warmer with an average of 56.5°F compared to 49.2°F in Richmond. Mitchell receives more rainfall at 40.8" per year compared to 31.9" in Richmond.

Income & Cost

Cost of Living Index
Mitchell
81
10% cheaper
Richmond
90
Median Household Income
Mitchell
$55,313
Richmond
$70,379
21% higher

Housing

Median Rent
Mitchell
Richmond
$1,183
Median Home Value
Mitchell
$98,500
56% cheaper
Richmond
$225,800
Population
Mitchell
847
Richmond
2,530

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mitchell $3.03
Richmond $3.20
US $3.07
🥚
Eggs (grade A, large)
Mitchell $2.47
Richmond $2.61
US $2.50
🥛
Milk (whole)
Mitchell $3.97
Richmond $4.20
US $4.03
🍞
Bread (white)
Mitchell $1.83
Richmond $1.93
US $1.85
🍗
Chicken breast
Mitchell $4.09
Richmond $4.32
US $4.14
Electricity
Mitchell $0.15
Richmond $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Mitchell 56.5°F
Richmond 49.2°F
Summer High
Mitchell 89°F
Richmond 84°F
Winter Low
Mitchell 24°F
Richmond 16°F
Rainfall
Mitchell 40.8"
Richmond 31.9"
Rainy Days
Mitchell 117d
Richmond 129d