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Cost of Living in Macoupin County

Is it better to rent or buy in Macoupin County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$74,908
$827/mo

Median in area: $827

$141,978

Median in area: $141,978

$28,396

If you Rent

🔑
$1,091 /mo
Base Rent$827
Est. Utilities$264
% of Income17.5%
Pre-tax Residual$5,151

If you Buy

🏠
$1,297 /mo
P&I (7.293%)$778
Taxes & Ins$255
Est. Utilities$264
% of Income20.8%
Pre-tax Residual$4,945

Compare Nearby Areas

See how Macoupin County stacks up against neighboring areas.

countyMorgan County, IL
$776/mo
countyGreene County, IL
$740/mo
countyJersey County, IL
$889/mo
countyMadison County, IL
$1,074/mo
countyMontgomery County, IL
$750/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Macoupin County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Macoupin County. The estimated all-in monthly cost for renting is $1,091, while owning a median-priced home with a 20% down payment is roughly $1,297 per month (a difference of $206).

How much do utilities cost in Macoupin County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Macoupin County is approximately $264. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Macoupin County?›

To comfortably afford the median rent and utilities in Macoupin County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,640 per year.