Cost of Living in Knollwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
186.3
100 = national avg
+86.3 vs national average
Living Wage (1 Adult)
$81,968
per year
Living Wage (Family of 4)
$193,743
per year
Cost Index by Category
Housing208.1
Food152.0
Transportation204.0
Healthcare141.6
Utilities152.8
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 Knollwood is 186.3, which is 86.3% above the national average. Housing costs are above the national average at an index of 208.1. A single adult needs to earn approximately $81,968 per year to cover basic expenses.