Cost of Living in Buncombe, IL

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

Cost of Living Overview

Overall Index

76.0

100 = national avg

-24.0 vs national average

Living Wage (1 Adult)

$33,424

per year

Living Wage (Family of 4)

$79,002

per year

Cost Index by Category

Housing
40.4
Food
97.8
Transportation
95.5
Healthcare
98.2
Utilities
86.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$735

per month

2 Bedroom

$916

per month

The overall cost of living index in Buncombe is 76.0, which is 24.0% below the national average. Housing costs are below the national average at an index of 40.4. A single adult needs to earn approximately $33,424 per year to cover basic expenses.