Cost of Living in Alexander, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.0

100 = national avg

-19.0 vs national average

Living Wage (1 Adult)

$35,625

per year

Living Wage (Family of 4)

$84,205

per year

Cost Index by Category

Housing
77.5
Utilities
93.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$698

per month

2 Bedroom

$916

per month

The overall cost of living index in Alexander is 81.0, which is 19.0% below the national average. Housing costs are below the national average at an index of 77.5. A single adult needs to earn approximately $35,625 per year to cover basic expenses.