Cost of Living in Cherry, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.8
100 = national avg
-18.2 vs national average
Living Wage (1 Adult)
$36,005
per year
Living Wage (Family of 4)
$85,102
per year
Cost Index by Category
Housing84.3
Food86.1
Transportation72.2
Healthcare88.9
Utilities88.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$789
per month
2 Bedroom
$1,035
per month
The overall cost of living index in Cherry is 81.8, which is 18.2% below the national average. Housing costs are below the national average at an index of 84.3. A single adult needs to earn approximately $36,005 per year to cover basic expenses.