Cost of Living in Georgetown, IL

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

Cost of Living Overview

Overall Index

109.5

100 = national avg

+9.5 vs national average

Living Wage (1 Adult)

$48,183

per year

Living Wage (Family of 4)

$113,887

per year

Cost Index by Category

Housing
108.8
Food
107.0
Transportation
114.0
Healthcare
105.6
Utilities
106.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$728

per month

2 Bedroom

$951

per month

The overall cost of living index in Georgetown is 109.5, which is 9.5% above the national average. Housing costs are above the national average at an index of 108.8. A single adult needs to earn approximately $48,183 per year to cover basic expenses.