Cost of Living in Granville, IL

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

Cost of Living Overview

Overall Index

95.9

100 = national avg

-4.1 vs national average

Living Wage (1 Adult)

$42,197

per year

Living Wage (Family of 4)

$99,738

per year

Cost Index by Category

Housing
78.9
Food
104.2
Transportation
108.4
Healthcare
103.3
Utilities
98.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$851

per month

2 Bedroom

$937

per month

The overall cost of living index in Granville is 95.9, which is 4.1% below the national average. Housing costs are below the national average at an index of 78.9. A single adult needs to earn approximately $42,197 per year to cover basic expenses.