Cost of Living in Assumption, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.5
100 = national avg
-21.5 vs national average
Living Wage (1 Adult)
$34,543
per year
Living Wage (Family of 4)
$81,648
per year
Cost Index by Category
Housing59.7
Food92.6
Transportation85.2
Healthcare94.1
Utilities87.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Assumption is 78.5, which is 21.5% below the national average. Housing costs are below the national average at an index of 59.7. A single adult needs to earn approximately $34,543 per year to cover basic expenses.