Cost of Living in Cleveland, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.5
100 = national avg
+9.5 vs national average
Living Wage (1 Adult)
$48,158
per year
Living Wage (Family of 4)
$113,828
per year
Cost Index by Category
Housing98.8
Food112.6
Transportation116.5
Healthcare110.1
Utilities107.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Cleveland is 109.5, which is 9.5% above the national average. Housing costs are below the national average at an index of 98.8. A single adult needs to earn approximately $48,158 per year to cover basic expenses.