Cost of Living in Liberty, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.8
100 = national avg
+11.8 vs national average
Living Wage (1 Adult)
$49,170
per year
Living Wage (Family of 4)
$116,221
per year
Cost Index by Category
Housing95.0
Food115.3
Transportation130.6
Healthcare112.2
Utilities108.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$811
per month
2 Bedroom
$1,064
per month
The overall cost of living index in Liberty is 111.8, which is 11.8% above the national average. Housing costs are below the national average at an index of 95.0. A single adult needs to earn approximately $49,170 per year to cover basic expenses.