Cost of Living in Lake Petersburg, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
182.5
100 = national avg
+82.5 vs national average
Living Wage (1 Adult)
$80,296
per year
Living Wage (Family of 4)
$189,791
per year
Cost Index by Category
Housing214.1
Food145.3
Transportation190.5
Healthcare136.2
Utilities150.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$970
per month
2 Bedroom
$1,203
per month
The overall cost of living index in Lake Petersburg is 182.5, which is 82.5% above the national average. Housing costs are above the national average at an index of 214.1. A single adult needs to earn approximately $80,296 per year to cover basic expenses.