Cost of Living in Essex, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.9
100 = national avg
+34.9 vs national average
Living Wage (1 Adult)
$59,347
per year
Living Wage (Family of 4)
$140,276
per year
Cost Index by Category
Housing128.7
Food127.3
Transportation154.5
Healthcare121.8
Utilities122.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,011
per month
2 Bedroom
$1,326
per month
The overall cost of living index in Essex is 134.9, which is 34.9% above the national average. Housing costs are above the national average at an index of 128.7. A single adult needs to earn approximately $59,347 per year to cover basic expenses.