Total monthly cost of ownership
Cost to Own a Home in Pinckneyville, Illinois
A $117,000 home here costs
$1,175per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $574 higher every month — 95% 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.
Pinckneyville against Perry County and Illinois
| Measure | Pinckneyville | Perry County |
|---|---|---|
| Median home value | $117,100 | $105,200 |
| Median property tax | $1,778 | $1,744 |
| Effective tax rate | 1.518% | 1.658% |
| Median gross rent | $440 | $714 |
| Population | 5,055 | 20,810 |
The weather behind that power bill
Pinckneyville sits in Perry 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 Perry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Perry County
Common questions
How much does it cost to own a home in Pinckneyville?
A $117,000 home in Pinckneyville, Illinois costs approximately $1,175 per month with 20% down at 6.66%. That is $601 principal and interest, $148 property tax, $46 homeowners insurance, $282 utilities and $98 set aside for maintenance.
What is the property tax rate in Pinckneyville?
Pinckneyville has an effective property tax rate of 1.518%, based on a median home value of $117,100 and median real estate taxes of $1,778. That is lower than the Perry County average of 1.658%.
What is the average home price in Pinckneyville?
The median owner-occupied home value in Pinckneyville, Illinois is $117,100, against $105,200 across Perry County.
Is it cheaper to rent or buy in Pinckneyville?
Median gross rent in Pinckneyville is $440 a month, against $1,175 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 Pinckneyville — 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.