Cost of Living in Grant Park, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

116.6

100 = national avg

+16.6 vs national average

Living Wage (1 Adult)

$51,324

per year

Living Wage (Family of 4)

$121,312

per year

Cost Index by Category

Housing
132.0
Food
105.4
Transportation
110.8
Healthcare
104.3
Utilities
109.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,011

per month

2 Bedroom

$1,326

per month

The overall cost of living index in Grant Park is 116.6, which is 16.6% above the national average. Housing costs are above the national average at an index of 132.0. A single adult needs to earn approximately $51,324 per year to cover basic expenses.