Cost of Living in Cortland, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.3
100 = national avg
+33.3 vs national average
Living Wage (1 Adult)
$58,639
per year
Living Wage (Family of 4)
$138,601
per year
Cost Index by Category
Housing158.1
Food113.2
Transportation126.5
Healthcare110.6
Utilities119.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,046
per month
2 Bedroom
$1,373
per month
The overall cost of living index in Cortland is 133.3, which is 33.3% above the national average. Housing costs are above the national average at an index of 158.1. A single adult needs to earn approximately $58,639 per year to cover basic expenses.