Cost of Living in Hometown, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.9
100 = national avg
-6.1 vs national average
Living Wage (1 Adult)
$41,335
per year
Living Wage (Family of 4)
$97,702
per year
Cost Index by Category
Housing94.9
Food95.3
Transportation90.6
Healthcare96.2
Utilities96.2
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 Hometown is 93.9, which is 6.1% below the national average. Housing costs are below the national average at an index of 94.9. A single adult needs to earn approximately $41,335 per year to cover basic expenses.