Cost of Living in Danville, IL

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

Cost of Living Overview

Overall Index

74.4

100 = national avg

-25.6 vs national average

Living Wage (1 Adult)

$32,719

per year

Living Wage (Family of 4)

$77,335

per year

Cost Index by Category

Housing
71.8
Food
83.8
Transportation
62.2
Healthcare
87.1
Utilities
84.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$974

per month

The overall cost of living index in Danville is 74.4, which is 25.6% below the national average. Housing costs are below the national average at an index of 71.8. A single adult needs to earn approximately $32,719 per year to cover basic expenses.