Cost of Living in Galt, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.2
100 = national avg
+36.2 vs national average
Living Wage (1 Adult)
$59,913
per year
Living Wage (Family of 4)
$141,612
per year
Cost Index by Category
Housing113.1
Food132.7
Transportation180.2
Healthcare126.1
Utilities122.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$719
per month
2 Bedroom
$916
per month
The overall cost of living index in Galt is 136.2, which is 36.2% above the national average. Housing costs are above the national average at an index of 113.1. A single adult needs to earn approximately $59,913 per year to cover basic expenses.