Cost of Living in Morrisonville, IL

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

Cost of Living Overview

Overall Index

102.5

100 = national avg

+2.5 vs national average

Living Wage (1 Adult)

$45,114

per year

Living Wage (Family of 4)

$106,633

per year

Cost Index by Category

Housing
76.5
Food
112.6
Transportation
125.3
Healthcare
110.1
Utilities
102.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$974

per month

The overall cost of living index in Morrisonville is 102.5, which is 2.5% above the national average. Housing costs are below the national average at an index of 76.5. A single adult needs to earn approximately $45,114 per year to cover basic expenses.