Cost of Living in Golconda, IL

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

Cost of Living Overview

Overall Index

62.9

100 = national avg

-37.1 vs national average

Living Wage (1 Adult)

$27,687

per year

Living Wage (Family of 4)

$65,441

per year

Cost Index by Category

Housing
44.2
Food
81.5
Transportation
63.1
Healthcare
85.2
Utilities
77.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$828

per month

2 Bedroom

$1,087

per month

The overall cost of living index in Golconda is 62.9, which is 37.1% below the national average. Housing costs are below the national average at an index of 44.2. A single adult needs to earn approximately $27,687 per year to cover basic expenses.