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Rankin, IL vs Rutland, IL

58
Rankin
Illinois
VS
-7.7%
63
Rutland
Illinois

Rankin is moderately more affordable than Rutland, with a 7.7% lower cost of living index. Rankin scores 58 compared to 63 for Rutland, where the US average is 100. This difference means residents of Rutland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Rankin is $718/month compared to $860/month in Rutland — a 17% difference. Home values follow the same pattern: Rankin is more affordable at $57,700 median vs $72,800.

Median household income in Rankin is $47,125 compared to $49,063 in Rutland (-4%). The higher salaries in Rutland partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Rankin spend roughly 18.3% of their income on rent, less than the 21% in Rutland.

Climate-wise, both cities share similar average temperatures (52.3°F vs 52.7°F). Rankin receives more rainfall at 40.4" per year compared to 37.6" in Rutland.

Income & Cost

Cost of Living Index
Rankin
58
8% cheaper
Rutland
63
Median Household Income
Rankin
$47,125
Rutland
$49,063
4% higher

Housing

Median Rent
Rankin
$718
17% cheaper
Rutland
$860
Median Home Value
Rankin
$57,700
21% cheaper
Rutland
$72,800
Population
Rankin
560
Rutland
189

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Rankin $2.85
Rutland $2.85
US $3.07
🥚
Eggs (grade A, large)
Rankin $2.33
Rutland $2.33
US $2.50
🥛
Milk (whole)
Rankin $3.75
Rutland $3.75
US $4.03
🍞
Bread (white)
Rankin $1.72
Rutland $1.72
US $1.85
🍗
Chicken breast
Rankin $3.86
Rutland $3.86
US $4.14
Electricity
Rankin $0.17
Rutland $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Rankin 52.3°F
Rutland 52.7°F
Summer High
Rankin 88°F
Rutland 86°F
Winter Low
Rankin 16°F
Rutland 18°F
Rainfall
Rankin 40.4"
Rutland 37.6"
Rainy Days
Rankin 102d
Rutland 117d