Cost of Living in Arcola, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.9
100 = national avg
+7.9 vs national average
Living Wage (1 Adult)
$47,487
per year
Living Wage (Family of 4)
$112,243
per year
Cost Index by Category
Housing84.1
Food115.5
Transportation131.0
Healthcare112.4
Utilities106.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$836
per month
2 Bedroom
$916
per month
The overall cost of living index in Arcola is 107.9, which is 7.9% above the national average. Housing costs are below the national average at an index of 84.1. A single adult needs to earn approximately $47,487 per year to cover basic expenses.