Cost of Living in Dieterich, IL

With a cost of living index of 70, Dieterich, IL is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 10% below the Illinois state average of 80. Dieterich is a small community of 1,171 residents.

Housing costs are the biggest factor in Dieterich's cost of living. The median monthly rent is $658 (50% below the US median of $1,319), and the median home value sits at $201,200 (34% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Dieterich is $73,750, which is 2% lower than the national median of $75,149. Residents spend roughly 11% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.