DC millivolt sources are often used for thermocouple simulations, DMM, ADC and analog circuit calibrations and fault findings, etc. Most of the DC millivolt circuits are based on expensive (and sometimes hard to find) operation amplifier like OP7, LT1077, etc. In this article we introduce low cost DC millivolt source based on commonly available LM308 precision operational amplifier, ICL8069 low voltage reference and 78L05 voltage regulator ICs. This millivolt source is design to obtain 200mV – 700mV DC output with 100Ω impedance. At the time of writing we spend Rs.800.00 (LKR) to complete this project.