Total monthly cost of ownership
Cost to Own a Home in Brighton, Illinois
A $123,000 home here costs
$1,284per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $632. The real number is $652 higher every month — 103% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Brighton against Macoupin County and Illinois
| Measure | Brighton | Macoupin County |
|---|---|---|
| Median home value | $123,000 | $126,100 |
| Median property tax | $2,622 | $1,990 |
| Effective tax rate | 2.132% | 1.578% |
| Median gross rent | $955 | $789 |
| Population | 2,536 | 44,566 |
Brighton extends across 2 counties. Figures here use Macoupin County, where most of its housing sits.
The weather behind that power bill
Brighton sits in Macoupin County, which averages a high of 86.2°F in its hottest month and a low of 19.2°F in its coldest, with 40.01" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,142 cooling and 5,320 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Macoupin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Macoupin County
Full Macoupin County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Brighton?
A $123,000 home in Brighton, Illinois costs approximately $1,284 per month with 20% down at 6.66%. That is $632 principal and interest, $219 property tax, $48 homeowners insurance, $282 utilities and $103 set aside for maintenance.
What is the property tax rate in Brighton?
Brighton has an effective property tax rate of 2.132%, based on a median home value of $123,000 and median real estate taxes of $2,622. That is higher than the Macoupin County average of 1.578%.
What is the average home price in Brighton?
The median owner-occupied home value in Brighton, Illinois is $123,000, against $126,100 across Macoupin County.
Is it cheaper to rent or buy in Brighton?
Median gross rent in Brighton is $955 a month, against $1,284 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Brighton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Illinois.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.