Cost of Living in Granite City, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.4
100 = national avg
-12.6 vs national average
Living Wage (1 Adult)
$38,457
per year
Living Wage (Family of 4)
$90,898
per year
Cost Index by Category
Housing75.0
Food96.2
Transportation92.5
Healthcare97.0
Utilities92.7
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 Granite City is 87.4, which is 12.6% below the national average. Housing costs are below the national average at an index of 75.0. A single adult needs to earn approximately $38,457 per year to cover basic expenses.