Cost of Living in Malta, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
118.2
100 = national avg
+18.2 vs national average
Living Wage (1 Adult)
$51,993
per year
Living Wage (Family of 4)
$122,893
per year
Cost Index by Category
Housing120.7
Food113.9
Transportation115.4
Healthcare111.1
Utilities112.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,046
per month
2 Bedroom
$1,373
per month
The overall cost of living index in Malta is 118.2, which is 18.2% above the national average. Housing costs are above the national average at an index of 120.7. A single adult needs to earn approximately $51,993 per year to cover basic expenses.