Cost of Living in Moultrie County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Moultrie County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Moultrie County ranks #735 of 3,144 counties for affordability (top 23%)
Data Story
About Cost of Living in Moultrie County, Illinois
Moultrie balances modest income and rents
Moultrie County's median household income of $71,676 falls 4.1% below the U.S. median, yet its 12.9% rent-to-income ratio runs ahead of the national norm of roughly 15%. The county demonstrates solid affordability despite below-average earning power.
Moultrie outperforms state averages
Moultrie's 12.9% rent-to-income ratio beats Illinois's 14.7% state average, with median rents of $773/month undercutting the state's $837 benchmark. This advantage positions Moultrie as a smart option for statewide renters watching budgets.
Moultrie splits the affordability range
Moultrie's $773 median rent sits between Mercer's $757 and Menard's $780, while the median home value of $121,500 falls between Montgomery ($102,200) and Mercer ($139,300). Moultrie offers balanced costs without extremes.
Housing remains manageable here
Moultrie residents dedicate 12.9% to rent and 14.3% to owner costs—among the most balanced allocations in the comparison group. An $853/month mortgage on a median home valued at $121,500 keeps homeownership attainable for typical county households.
Moultrie offers stable middle ground
If you want neither the lowest costs nor premium locations, Moultrie County delivers reliable affordability with balanced housing-to-income ratios. Compare Moultrie's middle-of-road profile to counties at either extreme to find your fit.
Cost of Living Advisory: Moultrie County
Affordability Verdict
Housing in Moultrie County is affordable. The median rent is $773/month against a median household income of $71,676, putting rent at 12.9% of income.
Rent vs. Own
The median rent in Moultrie County is $773/month, while owner costs run $853/month. Renting saves approximately $80/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,920/year. For owner costs at the 28% rule, the required income is roughly $36,557/year. With a median household income of $71,676, most households can comfortably afford rent here. Notably, 22.0% of renter households in Moultrie County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Moultrie County sits 6% less expensive than Adams County ($826/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Moultrie County
Rent Burden
12.9%
of gross income
Max Housing (28% Rule)
$1,672
per month
Owner Cost Burden
14.3%
of gross income
You can likely afford the median home in Moultrie County
Median home value is $121,500. Estimated monthly cost: $970 vs. your max of $1,672.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Moultrie County, Illinois?
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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