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Cost of Living in Moline

Is it better to rent or buy in Moline? 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.

$67,999
$922/mo

Median in area: $922

$141,445

Median in area: $141,445

$28,289

If you Rent

🔑
$1,084 /mo
Base Rent$922
Est. Utilities$162
% of Income19.1%
Pre-tax Residual$4,583

If you Buy

🏠
$1,275 /mo
P&I (7.317%)$777
Taxes & Ins$336
Est. Utilities$162
% of Income22.5%
Pre-tax Residual$4,392

Cost of Living FAQs

Is it cheaper to rent or buy in Moline?›

Based on median housing data, renting is currently more affordable on a monthly basis in Moline. The estimated all-in monthly cost for renting is $1,084, while owning a median-priced home with a 20% down payment is roughly $1,275 per month (a difference of $191).

How much do utilities cost in Moline?›

The average monthly utility cost (electricity and natural gas) for a typical home in Moline is approximately $162. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Moline?›

To comfortably afford the median rent and utilities in Moline without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,360 per year.