Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Cost of Living in New Milford, IL

2025 Affordability Data & Housing Costs

89.8

Cost of Living Index (100 = US Average)

Affordable

Median Home Value

$130,200

Owner-occupied homes (2023 ACS)

Median Household Income

$73,125

Annual (2023 ACS)

Housing Costs

The median home value in New Milford is $130,200, which is lower than the national average. The home price-to-income ratio is 1.8, indicating strong affordability.

Income & Purchasing Power

The median household income in New Milford is $73,125 annually.

Compare with Other Cities

View all cities in Illinois

Frequently Asked Questions

What is the cost of living index in New Milford, IL?

The COL index is 89.8, which is lower than the US average of 100.

What is the median home value in New Milford?

The median home value is $130,200.

What is the median rent in New Milford?

Data not available.

🏠 Considering a Move to New Milford? Here's Your Next Step

📝 Build Your Resume Professional resume templates & AI writer 🏠 Find Remote Jobs Vetted remote & flexible job listings 🎓 Get Certified 800+ professional skill certifications 🌍 Learn a Language AI-powered language learning (41 languages)

* Affiliate link — we may earn a commission at no extra cost to you. Full disclosure