Cost of Living in Chatham, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
141.3
100 = national avg
+41.3 vs national average
Living Wage (1 Adult)
$62,183
per year
Living Wage (Family of 4)
$146,979
per year
Cost Index by Category
Housing137.0
Food131.0
Transportation162.1
Healthcare124.8
Utilities126.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$970
per month
2 Bedroom
$1,203
per month
The overall cost of living index in Chatham is 141.3, which is 41.3% above the national average. Housing costs are above the national average at an index of 137.0. A single adult needs to earn approximately $62,183 per year to cover basic expenses.