Cost of Living in Elliott, IL

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

Cost of Living Overview

Overall Index

87.5

100 = national avg

-12.5 vs national average

Living Wage (1 Adult)

$38,518

per year

Living Wage (Family of 4)

$91,042

per year

Cost Index by Category

Housing
87.0
Food
87.3
Transportation
99.0
Healthcare
89.8
Utilities
89.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$698

per month

2 Bedroom

$916

per month

The overall cost of living index in Elliott is 87.5, which is 12.5% below the national average. Housing costs are below the national average at an index of 87.0. A single adult needs to earn approximately $38,518 per year to cover basic expenses.