Cost of Living in Millstadt, IL

Population 4,013 · Illinois · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Millstadt stay well under national norms: a median home value of $205,000 against median household incomes of $94,536 gives the city one of the more comfortable price-to-income ratios in Illinois.

Millstadt sits roughly 15 miles southeast of St. Louis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 11% higher than St. Louis' $185,000.

Cost Overview

Housing 67
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Millstadt

The median home value in Millstadt is $205,400 — 33% below the national median of $305,000. Median rent runs $1,110/month, 16% lower than the national median of $1,314/month. The median household income of $94,536/year is 27% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Millstadt has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$205,400
33% below avg
Zillow Home Value
$165,914
Zillow ZHVI
Median Rent
$1,110/mo
16% below avg
Price-to-Rent Ratio
15.4x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 82.6%
Renter-occupied 17.4%

💰 Estimated Monthly Budget

Rent median rent
$1,110
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,724/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.4%

Commute Mode

Drove alone
83.7%
Carpooled
4.8%
Work from home
10.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$94,536
27% above avg
Per Capita Income
$50,705
Unemployment Rate
4.0%
17% below avg
Poverty Rate
7.9%
Labor Force Participation
60.7%

🎓 Education

Bachelor's degree+ 20.2%
Graduate degree 11.9%

👥 Demographics

Median Age 46.3
Male median age 45.6
Female median age 46.8

Frequently Asked Questions

What is the cost of living in Millstadt, IL?

Millstadt has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Millstadt, IL?

The median gross rent in Millstadt is $1,110 per month based on 2023 Census data.

What is the average home price in Millstadt?

The median home value in Millstadt is $205,400 according to Zillow and Census data.

What is the median income in Millstadt?

The median household income in Millstadt is $94,536 per year (2023 ACS 5-year estimates).

What is the sales tax in Millstadt, IL?

The combined state and local sales tax rate in Millstadt is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Millstadt, IL affordable?

Yes, Millstadt is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Millstadt at a Glance

Population
4,013
Median Income
$94,536
Home Value
$205,400
Median Rent
$1,110/mo
Unemployment
4.0%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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