Cost of Living in Ludlow, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.2
100 = national avg
-24.8 vs national average
Living Wage (1 Adult)
$33,081
per year
Living Wage (Family of 4)
$78,193
per year
Cost Index by Category
Housing68.2
Food85.4
Transportation70.7
Healthcare88.3
Utilities84.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$946
per month
2 Bedroom
$1,122
per month
The overall cost of living index in Ludlow is 75.2, which is 24.8% below the national average. Housing costs are below the national average at an index of 68.2. A single adult needs to earn approximately $33,081 per year to cover basic expenses.