Cost of Living in Bay View Gardens, IL

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

Cost of Living Overview

Overall Index

79.1

100 = national avg

-20.9 vs national average

Living Wage (1 Adult)

$34,802

per year

Living Wage (Family of 4)

$82,259

per year

Cost Index by Category

Housing
77.6
Food
85.8
Transportation
71.7
Healthcare
88.7
Utilities
87.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Bay View Gardens is 79.1, which is 20.9% below the national average. Housing costs are below the national average at an index of 77.6. A single adult needs to earn approximately $34,802 per year to cover basic expenses.