Cost of living in New Milford, IL

New Milford is a Census village in Winnebago County, IL. ACS 2024 5-year population is 1,194. Median gross rent is $744 (ACS 2024 5-year, this place). Median home value is $132,500. Median household income is $76,458. Insurance is the NAIC state average; food is a USDA plan — no town indexes.