Total monthly cost of ownership
Cost to Own a Home in De Soto, Illinois
A $89,000 home here costs
$1,053per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $458. The real number is $595 higher every month — 130% 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.
De Soto against Jackson County and Illinois
| Measure | De Soto | Jackson County |
|---|---|---|
| Median home value | $88,800 | $125,000 |
| Median property tax | $2,443 | $2,385 |
| Effective tax rate | 2.751% | 1.908% |
| Median gross rent | $749 | $746 |
| Population | 1,701 | 52,706 |
The weather behind that power bill
De Soto sits in Jackson County, which averages a high of 88.4°F in its hottest month and a low of 24.8°F in its coldest, with 44.01" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,370 cooling and 4,460 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Jackson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jackson County
Full Jackson County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in De Soto?
A $89,000 home in De Soto, Illinois costs approximately $1,053 per month with 20% down at 6.66%. That is $458 principal and interest, $204 property tax, $35 homeowners insurance, $282 utilities and $74 set aside for maintenance.
What is the property tax rate in De Soto?
De Soto has an effective property tax rate of 2.751%, based on a median home value of $88,800 and median real estate taxes of $2,443. That is higher than the Jackson County average of 1.908%.
What is the average home price in De Soto?
The median owner-occupied home value in De Soto, Illinois is $88,800, against $125,000 across Jackson County.
Is it cheaper to rent or buy in De Soto?
Median gross rent in De Soto is $749 a month, against $1,053 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 De Soto — 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.