Cost of Living in Calumet Park, IL

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

Cost of Living Overview

Overall Index

109.3

100 = national avg

+9.3 vs national average

Living Wage (1 Adult)

$48,105

per year

Living Wage (Family of 4)

$113,704

per year

Cost Index by Category

Housing
124.3
Food
93.9
Transportation
126.4
Healthcare
95.1
Utilities
101.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,781

per month

The overall cost of living index in Calumet Park is 109.3, which is 9.3% above the national average. Housing costs are above the national average at an index of 124.3. A single adult needs to earn approximately $48,105 per year to cover basic expenses.