Cost of Living in Grand Tower, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.6
100 = national avg
-21.4 vs national average
Living Wage (1 Adult)
$34,599
per year
Living Wage (Family of 4)
$81,779
per year
Cost Index by Category
Housing53.4
Food95.4
Transportation90.8
Healthcare96.3
Utilities87.9
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 Grand Tower is 78.6, which is 21.4% below the national average. Housing costs are below the national average at an index of 53.4. A single adult needs to earn approximately $34,599 per year to cover basic expenses.