Markham, IL vs Millstadt, IL
There is a significant gap in the cost of living between these two cities. Millstadt is 15.7% cheaper than Markham. With a cost index of 84 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Millstadt to Markham should plan for substantially higher expenses across most categories.
On the housing front, median rent in Markham is $1,689/month compared to $1,110/month in Millstadt — a 52% difference. Interestingly, home values tell a different story: while Millstadt has cheaper rent, Markham actually has lower median home values ($119,500 vs $205,400).
Median household income in Markham is $52,364 compared to $94,536 in Millstadt (-44.6%). Millstadt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Markham spend roughly 38.7% of their income on rent, more than the 14.1% in Millstadt. The Millstadt ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, Millstadt is notably warmer with an average of 56.5°F compared to 52.1°F in Markham. Millstadt receives more rainfall at 40.8" per year compared to 34.4" in Markham.
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