Cost of Living in Deerfield, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
259.2
100 = national avg
+159.2 vs national average
Living Wage (1 Adult)
$114,035
per year
Living Wage (Family of 4)
$269,537
per year
Cost Index by Category
Housing301.7
Food195.0
Transportation290.0
Healthcare176.0
Utilities197.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Deerfield is 259.2, which is 159.2% above the national average. Housing costs are above the national average at an index of 301.7. A single adult needs to earn approximately $114,035 per year to cover basic expenses.