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Cost of Living in Ellisville, IL (61431)

Executive Financial Report: Ellisville (61431)

Evaluating relocation options in Fulton? The financial benchmark for residing in Ellisville, IL (61431) indicates that a single worker needs roughly $3,004 monthly ($36,049.524 annually) to maintain an adequate standard of living.

With typical rent and housing utilities averaging an affordable $563 per month—just 19% of baseline expenses—Ellisville offers exceptionally competitive housing costs compared to wider metropolitan averages across Illinois.

Local earnings in Ellisville (61431) demonstrate strong purchasing power. The area median family income of $65,026 significantly exceeds the annual baseline living threshold ($36,049.524) by a ratio of 1.80x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.

Tax obligations represent roughly 17% ($496/month) of baseline monthly spending in zip code 61431. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $231 monthly for single adults.

In summary, living in Ellisville, IL requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 61431 against other US destinations.

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Total Monthly Cost$3,004Est. $36,050 / year
Housing / Rent$56318.7% of monthly budget
Food & Groceries$231Essential food benchmarks
Area Median Income$65,026Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$563
Food$231
Transportation$908
Healthcare$519
Taxes$496
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