Cost of Living in Chestnut, 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)

$36,013

per year

Living Wage (Family of 4)

$85,123

per year

Cost Index by Category

Housing
75.8
Food
89.6
Transportation
79.3
Healthcare
91.7
Utilities
89.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$782

per month

2 Bedroom

$988

per month

The overall cost of living index in Chestnut is 81.8, which is 18.2% below the national average. Housing costs are below the national average at an index of 75.8. A single adult needs to earn approximately $36,013 per year to cover basic expenses.