Cost of Living in Anchor, IL

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

Cost of Living Overview

Overall Index

89.9

100 = national avg

-10.1 vs national average

Living Wage (1 Adult)

$39,561

per year

Living Wage (Family of 4)

$93,507

per year

Cost Index by Category

Housing
63.3
Food
103.9
Transportation
107.8
Healthcare
103.1
Utilities
95.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$999

per month

2 Bedroom

$1,302

per month

The overall cost of living index in Anchor is 89.9, which is 10.1% below the national average. Housing costs are below the national average at an index of 63.3. A single adult needs to earn approximately $39,561 per year to cover basic expenses.