Cost of Living in Cowden, IL

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

Cost of Living Overview

Overall Index

76.2

100 = national avg

-23.8 vs national average

Living Wage (1 Adult)

$33,524

per year

Living Wage (Family of 4)

$79,238

per year

Cost Index by Category

Housing
66.7
Food
82.2
Transportation
93.6
Healthcare
85.7
Utilities
82.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$789

per month

2 Bedroom

$951

per month

The overall cost of living index in Cowden is 76.2, which is 23.8% below the national average. Housing costs are below the national average at an index of 66.7. A single adult needs to earn approximately $33,524 per year to cover basic expenses.