Cost of Living in Addison, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
139.3
100 = national avg
+39.3 vs national average
Living Wage (1 Adult)
$61,283
per year
Living Wage (Family of 4)
$144,852
per year
Cost Index by Category
Housing165.4
Food116.9
Transportation133.9
Healthcare113.6
Utilities123.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Addison is 139.3, which is 39.3% above the national average. Housing costs are above the national average at an index of 165.4. A single adult needs to earn approximately $61,283 per year to cover basic expenses.