Cost of Living in Fairmont City, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.9
100 = national avg
-22.1 vs national average
Living Wage (1 Adult)
$34,296
per year
Living Wage (Family of 4)
$81,063
per year
Cost Index by Category
Housing81.0
Food83.1
Transportation66.2
Healthcare86.5
Utilities86.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Fairmont City is 77.9, which is 22.1% below the national average. Housing costs are below the national average at an index of 81.0. A single adult needs to earn approximately $34,296 per year to cover basic expenses.