Cost of Living in Chenoa, IL

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

Cost of Living Overview

Overall Index

95.6

100 = national avg

-4.4 vs national average

Living Wage (1 Adult)

$42,083

per year

Living Wage (Family of 4)

$99,468

per year

Cost Index by Category

Housing
86.0
Food
100.9
Transportation
101.8
Healthcare
100.7
Utilities
97.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$999

per month

2 Bedroom

$1,302

per month

The overall cost of living index in Chenoa is 95.6, which is 4.4% below the national average. Housing costs are below the national average at an index of 86.0. A single adult needs to earn approximately $42,083 per year to cover basic expenses.