Photo: MattHucke · CC BY-SA 3.0Even on the area’s higher pay, Millstadt Township costs more to live in than 58% of U.S. towns
It ranks #384 of 768 in Illinois for affordability. Home prices around Millstadt Township have risen about 48% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the St. Louis, MO-IL metro area ($80K). How TownRatings grades cost of living
The grade measures what housing costs against what households in the area earn. Millstadt Township’s area earns well above the typical U.S. town ($80K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 22% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 46% of renters.
In dollars
- $1,230a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 95prices across the St. Louis metro, where the U.S. is 100 (housing 79)BEA Regional Price Parities, 2024
In paychecks the grade
- 3.1 yrsof area income buys the typical home; the typical U.S. town: 3.3$80K, St. Louis-area income
- 16%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 46%of renters pay 30%+ of income for housing; across Illinois: 48%Census 2020–24
- 22%of owners do; the typical U.S. town: 20%Census 2020–24
What’s behind Millstadt Township’s grade
Measured against what households in the area earn, Millstadt Township is more affordable than 42% of U.S. towns, #384 of 768 in Illinois. Property tax pulls the grade down most; rent holds it up.
Home prices up 48% in 5 years
The federal house price index for the ZIP codes around Millstadt Township rose 48% over the past 5 years, about the same as across Illinois. Last year prices rose 5.2%. Carrying the Census median home value forward with that index puts the typical Millstadt Township home at roughly $307,000 today.
Carrying the Census median forward with the index puts a typical home at about $307K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Millstadt Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A year’s rent takes 16% of area income
The calculator starts from the area income the grade uses. Switch to Millstadt Township’s own median, or type yours.
That’s $35K short of a typical Millstadt Township home.
A two-bedroom rents for about $1,230 a month here, $870 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Millstadt Township’s typical property tax (1.92% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,230
Renters already here pay a median of $1,041, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Illinois norm
The median bill is $4,842 (Illinois: $5,298), 1.92% of a home’s value a year, against 2.01% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Millstadt Township
Only figures published free for the whole country, each labeled with the area it covers: the St. Louis, MO-IL metro area, or Illinois. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 95 | IL 100 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 100 | IL 104 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 70 | IL 85 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | IL 100 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Millstadt Township vs. its neighbors
Zillow publishes no value for Millstadt Township. Prairie Du Long Township and Smithton Township and Stookey Township and Sugar Loaf Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Millstadt Township | C+ | — | $252K | 1.92% | $1,230 |
| Stookey Township | B | — | $174K | 2.23% | $1,220 |
| Smithton Township | – | — | $259K | 2.11% | $1,130 |
| Prairie Du Long Township | C+ | — | $336K | 2.24% | $1,080 |
| Millstadt | C+ | $297K | $231K | 2.03% | $1,300 |
| Sugar Loaf Township | A− | — | $120K | 2.23% | $1,180 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Millstadt Township
Is Millstadt Township expensive to live in?
Measured against what households in the area earn, Millstadt Township costs more than 58% of U.S. towns: a C+ for cost of living, #384 of 768 in Illinois. The typical home costs 3.1 years of the median household income of the St. Louis, MO-IL metro area ($80K).
How much is rent in Millstadt Township?
HUD puts a two-bedroom at about $1,230 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,041 (Census 2020–24).
What are property taxes in Millstadt Township?
The median bill is $4,842 a year, 1.92% of the median home value (Illinois: $5,298, 2.01%), from the Census 2020–24.
Neighbors talk housing
What Millstadt Township buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.