Cost of Living in Chemung, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.5
100 = national avg
+5.5 vs national average
Living Wage (1 Adult)
$46,426
per year
Living Wage (Family of 4)
$109,734
per year
Cost Index by Category
Housing109.3
Food102.3
Transportation104.7
Healthcare101.9
Utilities103.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Chemung is 105.5, which is 5.5% above the national average. Housing costs are above the national average at an index of 109.3. A single adult needs to earn approximately $46,426 per year to cover basic expenses.