Cost of Living in Collinsville, IL

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

Cost of Living Overview

Overall Index

100.6

100 = national avg

+0.6 vs national average

Living Wage (1 Adult)

$44,268

per year

Living Wage (Family of 4)

$104,633

per year

Cost Index by Category

Housing
102.1
Food
99.8
Transportation
99.6
Healthcare
99.8
Utilities
100.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$995

per month

2 Bedroom

$1,218

per month

The overall cost of living index in Collinsville is 100.6, which is 0.6% above the national average. Housing costs are above the national average at an index of 102.1. A single adult needs to earn approximately $44,268 per year to cover basic expenses.