Cost of Living in Lowpoint, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

63.1

100 = national avg

-36.9 vs national average

Living Wage (1 Adult)

$27,782

per year

Living Wage (Family of 4)

$65,666

per year

Cost Index by Category

Housing
56.4
Utilities
86.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Lowpoint is 63.1, which is 36.9% below the national average. Housing costs are below the national average at an index of 56.4. A single adult needs to earn approximately $27,782 per year to cover basic expenses.