Cost of Living in Latham, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.4
100 = national avg
+0.4 vs national average
Living Wage (1 Adult)
$44,178
per year
Living Wage (Family of 4)
$104,420
per year
Cost Index by Category
Housing80.4
Food108.6
Transportation117.2
Healthcare106.9
Utilities101.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$782
per month
2 Bedroom
$988
per month
The overall cost of living index in Latham is 100.4, which is 0.4% above the national average. Housing costs are below the national average at an index of 80.4. A single adult needs to earn approximately $44,178 per year to cover basic expenses.