Cost of Living in Hanaford, IL

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

Cost of Living Overview

Overall Index

70.5

100 = national avg

-29.5 vs national average

Living Wage (1 Adult)

$31,004

per year

Living Wage (Family of 4)

$73,281

per year

Cost Index by Category

Housing
31.0
Food
95.5
Transportation
91.0
Healthcare
96.4
Utilities
83.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$698

per month

2 Bedroom

$916

per month

The overall cost of living index in Hanaford is 70.5, which is 29.5% below the national average. Housing costs are below the national average at an index of 31.0. A single adult needs to earn approximately $31,004 per year to cover basic expenses.