Housing costs in Millstadt?
A typical home costs
$242,400, which is 28.3% less expensive than the national average of
$338,100 and 0.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Millstadt costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 35.5% cheaper than the state average of
$1,260.
Can I afford Millstadt?
To live comfortably in Millstadt (zip 62260), Illinois, a minimum annual income of
$46,440 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Millstadt?
The cost of living in 62260 Millstadt, IL is relatively low compared to other cities in the United States. The median home price is around $176,000, which is considerably lower than the national average. Additionally, the city has an overall cost of living index that is 9% lower than the national average. Residents benefit from low taxes and affordable housing costs, as well as a wide variety of amenities such as grocery stores, restaurants and schools. This combination makes 62260 Millstadt, IL an attractive place for those looking to save money while still enjoying some of life's comforts.