Cost of Living in Markham, IL

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

Cost of Living Overview

Overall Index

113.1

100 = national avg

+13.1 vs national average

Living Wage (1 Adult)

$49,769

per year

Living Wage (Family of 4)

$117,636

per year

Cost Index by Category

Housing
145.6
Food
90.0
Transportation
114.2
Healthcare
92.0
Utilities
103.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,781

per month

The overall cost of living index in Markham is 113.1, which is 13.1% above the national average. Housing costs are above the national average at an index of 145.6. A single adult needs to earn approximately $49,769 per year to cover basic expenses.