Cost of Living in Gorham, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.6
100 = national avg
-37.4 vs national average
Living Wage (1 Adult)
$27,529
per year
Living Wage (Family of 4)
$65,068
per year
Cost Index by Category
Housing41.7
Food82.2
Transportation64.3
Healthcare85.7
Utilities77.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$737
per month
2 Bedroom
$916
per month
The overall cost of living index in Gorham is 62.6, which is 37.4% below the national average. Housing costs are below the national average at an index of 41.7. A single adult needs to earn approximately $27,529 per year to cover basic expenses.