Cost of Living in Hampshire, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
181.3
100 = national avg
+81.3 vs national average
Living Wage (1 Adult)
$79,783
per year
Living Wage (Family of 4)
$188,579
per year
Cost Index by Category
Housing241.9
Food132.4
Transportation164.7
Healthcare125.9
Utilities147.8
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 Hampshire is 181.3, which is 81.3% above the national average. Housing costs are above the national average at an index of 241.9. A single adult needs to earn approximately $79,783 per year to cover basic expenses.