Cost of Living in Armington, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.4
100 = national avg
-1.6 vs national average
Living Wage (1 Adult)
$43,294
per year
Living Wage (Family of 4)
$102,332
per year
Cost Index by Category
Housing112.5
Food93.0
Transportation86.0
Healthcare94.4
Utilities98.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Armington is 98.4, which is 1.6% below the national average. Housing costs are above the national average at an index of 112.5. A single adult needs to earn approximately $43,294 per year to cover basic expenses.