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Cost of Living in Moultrie County

Is it better to rent or buy in Moultrie 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.

$76,814
$817/mo

Median in area: $817

$133,887

Median in area: $133,887

$26,777

If you Rent

🔑
$1,098 /mo
Base Rent$817
Est. Utilities$281
% of Income17.2%
Pre-tax Residual$5,303

If you Buy

🏠
$1,289 /mo
P&I (7.253%)$731
Taxes & Ins$277
Est. Utilities$281
% of Income20.1%
Pre-tax Residual$5,112

Compare Nearby Areas

See how Moultrie County stacks up against neighboring areas.

countyDouglas County, IL
$841/mo
countyMacon County, IL
$866/mo
countyColes County, IL
$787/mo
countyPiatt County, IL
$1,076/mo
countyShelby County, IL
$809/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Moultrie County. The estimated all-in monthly cost for renting is $1,098, while owning a median-priced home with a 20% down payment is roughly $1,289 per month (a difference of $191).

How much do utilities cost in Moultrie County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Moultrie County is approximately $281. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Moultrie County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,920 per year.