Cost of Living in McHenry, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
140.5
100 = national avg
+40.5 vs national average
Living Wage (1 Adult)
$61,838
per year
Living Wage (Family of 4)
$146,162
per year
Cost Index by Category
Housing170.1
Food116.4
Transportation132.8
Healthcare113.1
Utilities123.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in McHenry is 140.5, which is 40.5% above the national average. Housing costs are above the national average at an index of 170.1. A single adult needs to earn approximately $61,838 per year to cover basic expenses.