Cost of Living in Joy, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.0
100 = national avg
-8.0 vs national average
Living Wage (1 Adult)
$40,498
per year
Living Wage (Family of 4)
$95,723
per year
Cost Index by Category
Housing80.0
Food99.4
Transportation98.7
Healthcare99.5
Utilities95.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Joy is 92.0, which is 8.0% below the national average. Housing costs are below the national average at an index of 80.0. A single adult needs to earn approximately $40,498 per year to cover basic expenses.