Cost of Living in Godfrey, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.2
100 = national avg
+22.2 vs national average
Living Wage (1 Adult)
$53,788
per year
Living Wage (Family of 4)
$127,136
per year
Cost Index by Category
Housing119.4
Food120.9
Transportation118.3
Healthcare116.7
Utilities116.4
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 Godfrey is 122.2, which is 22.2% above the national average. Housing costs are above the national average at an index of 119.4. A single adult needs to earn approximately $53,788 per year to cover basic expenses.