Cost of Living in Machesney Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.1
100 = national avg
+12.1 vs national average
Living Wage (1 Adult)
$49,346
per year
Living Wage (Family of 4)
$116,635
per year
Cost Index by Category
Housing116.6
Food106.7
Transportation113.5
Healthcare105.4
Utilities107.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$895
per month
2 Bedroom
$1,175
per month
The overall cost of living index in Machesney Park is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 116.6. A single adult needs to earn approximately $49,346 per year to cover basic expenses.