Cost of Living in Minonk, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.2
100 = national avg
-3.8 vs national average
Living Wage (1 Adult)
$42,331
per year
Living Wage (Family of 4)
$100,056
per year
Cost Index by Category
Housing96.0
Food97.4
Transportation94.8
Healthcare97.9
Utilities97.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Minonk is 96.2, which is 3.8% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $42,331 per year to cover basic expenses.