Cost of Living in Grand Ridge, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.7
100 = national avg
+14.7 vs national average
Living Wage (1 Adult)
$50,484
per year
Living Wage (Family of 4)
$119,327
per year
Cost Index by Category
Housing105.0
Food114.5
Transportation129.0
Healthcare111.6
Utilities109.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$822
per month
2 Bedroom
$1,079
per month
The overall cost of living index in Grand Ridge is 114.7, which is 14.7% above the national average. Housing costs are above the national average at an index of 105.0. A single adult needs to earn approximately $50,484 per year to cover basic expenses.