Cost of Living in Hopedale, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.3
100 = national avg
-10.7 vs national average
Living Wage (1 Adult)
$39,298
per year
Living Wage (Family of 4)
$92,886
per year
Cost Index by Category
Housing92.2
Food91.2
Transportation82.5
Healthcare93.0
Utilities93.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Hopedale is 89.3, which is 10.7% below the national average. Housing costs are below the national average at an index of 92.2. A single adult needs to earn approximately $39,298 per year to cover basic expenses.