Cost of Living in Eldred, IL

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

Cost of Living Overview

Overall Index

84.1

100 = national avg

-15.9 vs national average

Living Wage (1 Adult)

$36,990

per year

Living Wage (Family of 4)

$87,430

per year

Cost Index by Category

Housing
53.1
Food
101.6
Transportation
103.2
Healthcare
101.3
Utilities
91.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$756

per month

2 Bedroom

$992

per month

The overall cost of living index in Eldred is 84.1, which is 15.9% below the national average. Housing costs are below the national average at an index of 53.1. A single adult needs to earn approximately $36,990 per year to cover basic expenses.