Cost of Living in Grandwood Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
183.6
100 = national avg
+83.6 vs national average
Living Wage (1 Adult)
$80,799
per year
Living Wage (Family of 4)
$190,979
per year
Cost Index by Category
Housing216.8
Food145.4
Transportation190.8
Healthcare136.3
Utilities150.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Grandwood Park is 183.6, which is 83.6% above the national average. Housing costs are above the national average at an index of 216.8. A single adult needs to earn approximately $80,799 per year to cover basic expenses.