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Ridge Farm, IL vs Sheridan, IL

61
Ridge Farm
Illinois
VS
-22.1%
78
Sheridan
Illinois

There is a significant gap in the cost of living between these two cities. Ridge Farm is 22.1% cheaper than Sheridan. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ridge Farm to Sheridan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ridge Farm is $695/month compared to $964/month in Sheridan — a 28% difference. Home values follow the same pattern: Ridge Farm is more affordable at $73,000 median vs $183,200.

Median household income in Ridge Farm is $50,833 compared to $73,214 in Sheridan (-30.6%). While Sheridan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ridge Farm spend roughly 16.4% of their income on rent, more than the 15.8% in Sheridan.

Climate-wise, Ridge Farm is notably warmer with an average of 52.5°F compared to 49.4°F in Sheridan. Ridge Farm receives more rainfall at 37" per year compared to 33.8" in Sheridan.

Income & Cost

Cost of Living Index
Ridge Farm
61
22% cheaper
Sheridan
78
Median Household Income
Ridge Farm
$50,833
Sheridan
$73,214
31% higher

Housing

Median Rent
Ridge Farm
$695
28% cheaper
Sheridan
$964
Median Home Value
Ridge Farm
$73,000
60% cheaper
Sheridan
$183,200
Population
Ridge Farm
887
Sheridan
2,610

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ridge Farm 52.5°F
Sheridan 49.4°F
Summer High
Ridge Farm 85°F
Sheridan 84°F
Winter Low
Ridge Farm 18°F
Sheridan 15°F
Rainfall
Ridge Farm 37"
Sheridan 33.8"
Rainy Days
Ridge Farm 122d
Sheridan 126d