Cost of Living in Morton, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.7
100 = national avg
+19.7 vs national average
Living Wage (1 Adult)
$52,661
per year
Living Wage (Family of 4)
$124,472
per year
Cost Index by Category
Housing128.2
Food117.1
Transportation94.5
Healthcare113.7
Utilities115.9
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 Morton is 119.7, which is 19.7% above the national average. Housing costs are above the national average at an index of 128.2. A single adult needs to earn approximately $52,661 per year to cover basic expenses.