Cost of Living in Gibson City, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.6
100 = national avg
-17.4 vs national average
Living Wage (1 Adult)
$36,334
per year
Living Wage (Family of 4)
$85,880
per year
Cost Index by Category
Housing86.6
Food86.0
Transportation72.0
Healthcare88.8
Utilities88.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Gibson City is 82.6, which is 17.4% below the national average. Housing costs are below the national average at an index of 86.6. A single adult needs to earn approximately $36,334 per year to cover basic expenses.