Cost of Living in Hamel, IL

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

Cost of Living Overview

Overall Index

135.2

100 = national avg

+35.2 vs national average

Living Wage (1 Adult)

$59,509

per year

Living Wage (Family of 4)

$140,657

per year

Cost Index by Category

Housing
121.9
Food
130.5
Transportation
161.0
Healthcare
124.4
Utilities
122.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$995

per month

2 Bedroom

$1,218

per month

The overall cost of living index in Hamel is 135.2, which is 35.2% above the national average. Housing costs are above the national average at an index of 121.9. A single adult needs to earn approximately $59,509 per year to cover basic expenses.