Cost of Living in Aledo, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.6
100 = national avg
-7.4 vs national average
Living Wage (1 Adult)
$40,738
per year
Living Wage (Family of 4)
$96,290
per year
Cost Index by Category
Housing86.8
Food98.0
Transportation90.8
Healthcare98.4
Utilities96.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Aledo is 92.6, which is 7.4% below the national average. Housing costs are below the national average at an index of 86.8. A single adult needs to earn approximately $40,738 per year to cover basic expenses.