Cost of Living in Grafton, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.4
100 = national avg
+21.4 vs national average
Living Wage (1 Adult)
$53,394
per year
Living Wage (Family of 4)
$126,204
per year
Cost Index by Category
Housing106.5
Food121.3
Transportation142.5
Healthcare117.0
Utilities114.1
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 Grafton is 121.4, which is 21.4% above the national average. Housing costs are above the national average at an index of 106.5. A single adult needs to earn approximately $53,394 per year to cover basic expenses.