Mounds, IL vs Richmond, IL

There is a significant gap in the cost of living between these two cities. Mounds is 16.3% cheaper than Richmond. With a cost index of 76 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mounds to Richmond should plan for substantially higher expenses across most categories.

Renters will find that Mounds has a median rent of $559/month while Richmond comes in at $1,183/month, a 53% difference.

Median household income in Mounds is $27,333 compared to $70,379 in Richmond (-61.2%). While Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mounds spend roughly 24.5% of their income on rent, more than the 20.2% in Richmond.

Climate-wise, Mounds is notably warmer with an average of 58.1°F compared to 49.2°F in Richmond. Mounds receives more rainfall at 51" per year compared to 31.9" in Richmond.