Sheridan, IL vs Spaulding, IL

Spaulding is moderately more affordable than Sheridan, with a 11% lower cost of living index. Sheridan scores 78 compared to 70 for Spaulding, where the US average is 100. This difference means residents of Sheridan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Sheridan is $964/month compared to $692/month in Spaulding — a 39% difference. Interestingly, home values tell a different story: while Spaulding has cheaper rent, Sheridan actually has lower median home values ($183,200 vs $212,500).

Median household income in Sheridan is $73,214 compared to $104,205 in Spaulding (-29.7%). Spaulding offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Sheridan spend roughly 15.8% of their income on rent, more than the 8% in Spaulding.

Climate-wise, Spaulding is notably warmer with an average of 54°F compared to 49.4°F in Sheridan. Spaulding receives more rainfall at 38" per year compared to 33.8" in Sheridan.