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Raleigh, IL vs Sherrard, IL

60
Raleigh
Illinois
VS
-10.1%
67
Sherrard
Illinois

Raleigh is moderately more affordable than Sherrard, with a 10.1% lower cost of living index. Raleigh scores 60 compared to 67 for Sherrard, where the US average is 100. This difference means residents of Sherrard can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Raleigh is $675/month compared to $813/month in Sherrard — a 17% difference. Home values follow the same pattern: Raleigh is more affordable at $70,600 median vs $130,400.

Median household income in Raleigh is $52,083 compared to $86,932 in Sherrard (-40.1%). While Sherrard is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Raleigh spend roughly 15.6% of their income on rent, more than the 11.2% in Sherrard.

Climate-wise, Raleigh is notably warmer with an average of 56.4°F compared to 51.2°F in Sherrard. Raleigh receives more rainfall at 44" per year compared to 38.3" in Sherrard.

Income & Cost

Cost of Living Index
Raleigh
60
10% cheaper
Sherrard
67
Median Household Income
Raleigh
$52,083
Sherrard
$86,932
40% higher

Housing

Median Rent
Raleigh
$675
17% cheaper
Sherrard
$813
Median Home Value
Raleigh
$70,600
46% cheaper
Sherrard
$130,400
Population
Raleigh
238
Sherrard
705

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Raleigh
Sherrard $2.95
US $3.07
🥚
Eggs (grade A, large)
Raleigh
Sherrard $2.41
US $2.50
🥛
Milk (whole)
Raleigh
Sherrard $3.88
US $4.03
🍞
Bread (white)
Raleigh
Sherrard $1.78
US $1.85
🍗
Chicken breast
Raleigh
Sherrard $3.99
US $4.14
Electricity
Raleigh
Sherrard $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Raleigh 56.4°F
Sherrard 51.2°F
Summer High
Raleigh 88°F
Sherrard 86°F
Winter Low
Raleigh 25°F
Sherrard 15°F
Rainfall
Raleigh 44"
Sherrard 38.3"
Rainy Days
Raleigh 130d
Sherrard 117d