Cost of Living in Byron, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.0
100 = national avg
+12.0 vs national average
Living Wage (1 Adult)
$49,277
per year
Living Wage (Family of 4)
$116,473
per year
Cost Index by Category
Housing108.8
Food109.8
Transportation119.6
Healthcare107.8
Utilities107.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$852
per month
2 Bedroom
$1,118
per month
The overall cost of living index in Byron is 112.0, which is 12.0% above the national average. Housing costs are above the national average at an index of 108.8. A single adult needs to earn approximately $49,277 per year to cover basic expenses.