Cost of Living in Carman, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
140.1
100 = national avg
+40.1 vs national average
Living Wage (1 Adult)
$61,646
per year
Living Wage (Family of 4)
$145,709
per year
Cost Index by Category
Housing46.6
Food167.3
Transportation234.5
Healthcare153.8
Utilities129.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Carman is 140.1, which is 40.1% above the national average. Housing costs are below the national average at an index of 46.6. A single adult needs to earn approximately $61,646 per year to cover basic expenses.