Cost of Living in Basco, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.3
100 = national avg
-40.7 vs national average
Living Wage (1 Adult)
$26,085
per year
Living Wage (Family of 4)
$61,655
per year
Cost Index by Category
Housing25.2
Food85.4
Transportation70.7
Healthcare88.3
Utilities76.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$791
per month
2 Bedroom
$916
per month
The overall cost of living index in Basco is 59.3, which is 40.7% below the national average. Housing costs are below the national average at an index of 25.2. A single adult needs to earn approximately $26,085 per year to cover basic expenses.