Sleepy Eye, MN vs Red Bud, IL: Cost of Living

Which city costs less?

Red Bud, IL has a modeled overall cost index 9.3% lower than Sleepy Eye, MN.

Sleepy Eye, MN · modeled 2BR rent
$970 / month
Red Bud, IL · modeled 2BR rent
$1,000 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Sleepy Eye, MN and Red Bud, IL using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
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Estimated savings: $714/month in Red Bud, IL

$150,000 in your current city has a modeled equivalent of $141,430 in Red Bud, IL

Regional cost estimates: Sleepy Eye, MN uses Minneapolis, MN. Red Bud, IL uses St. Louis, MO. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 9.3%
Less expensive
Monthly Impact
$714
Savings
Annual Impact
$8.6K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Sleepy Eye, MN

Population:3K
Cost Index:
87.5
100 = national average
Typical Home:$246K

Red Bud, IL

Population:4K
Cost Index:
79.3
100 = national average
Typical Home:$244K

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Sleepy Eye, MN

The North Star State

3K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 3K residents.

Red Bud, IL

The Prairie State

4K
Population
State Tax
Yes

Located in Illinois, this city has a population of 4K residents.

Cost Breakdown by Category

Estimated monthly spending: Sleepy Eye, MN vs Red Bud, IL

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 25.0%
Sleepy Eye, MN
$2,302
Red Bud, IL
$1,728
Difference
$574
less
Healthcare
↓ 26.1%
Sleepy Eye, MN
$766
Red Bud, IL
$566
Difference
$200
less
All Utilities
↑ 11.8%
Sleepy Eye, MN
$515
Red Bud, IL
$575
Difference
$60.76
more
Other
↑ 2.0%
Sleepy Eye, MN
$1,617
Red Bud, IL
$1,649
Difference
$31.58
more
Groceries
↓ 2.1%
Sleepy Eye, MN
$1,042
Red Bud, IL
$1,020
Difference
$22.31
less
Transportation
↓ 0.8%
Sleepy Eye, MN
$1,258
Red Bud, IL
$1,247
Difference
$10.09
less

🏠Rent Comparison

Studio
From$670
To$760
↑ $90.00
1 Bed
From$740
To$800
↑ $60.00
2 Bed
From$970
To$1,000
↑ $30.00
3 Bed
From$1,180
To$1,270
↑ $90.00
Sleepy Eye, MNZIP-level data

1BR range: $740–$740/mo

Red Bud, ILZIP-level data

1BR range: $800–$800/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Sleepy Eye, MN
$6,786
Monthly in Red Bud, IL
$714
Difference

Home Values

Sleepy Eye
Red Bud
$246K
Median Value
$244K
↑ +12.7%
YoY Change
↑ +13.8%
↑ +47.3%
5-Year Change
↑ +45.9%

Homes in Red Bud are 1% less expensive than Sleepy Eye

Calculate payment - Sleepy EyeCalculate payment - Red Bud

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $3.0K
Per year
Monthly Difference
$251
More take-home
Effective Rate Diff
2.0%
Rate difference

Sleepy Eye, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Red Bud, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Additional Tax Information

Sleepy Eye, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

Red Bud, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Sleepy Eye
Red Bud
42 Good
Air Quality
54 Moderate
66.4%
Good Air Days
38%
98 High
Climate Risk
99 High
🌊🌡🌪
Top Hazards
🌊🌡🫨
▲+3.6°F
2050 Outlook
▲+3.0°F
14 days
Heat Days >95°F
39 days
▲+3.6°F
2050 Outlook
▲+3.0°F
14 days
Heat Days >95°F
39 days

Before moving from Sleepy Eye, MN to Red Bud, IL

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Red Bud, IL for the same bedroom count and included utilities as your home in Sleepy Eye, MN. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Sleepy Eye to Red Bud moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Red Bud, IL by cost, housing, population and region.

Frequently Asked Questions: Sleepy Eye, MN vs Red Bud, IL

How do the cost estimates for Sleepy Eye, MN and Red Bud, IL compare?

Red Bud, IL has a modeled overall cost index 9.3% lower than Sleepy Eye, MN. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Sleepy Eye, MN, the model estimates $141,430 in Red Bud, IL. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Sleepy Eye, MN and Red Bud, IL?

The modeled two-bedroom rents are $970/month in Sleepy Eye, MN and $1,000/month in Red Bud, IL. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Minnesota and Illinois on TaxTakeHome.com

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