Cost of Living in Mount Clare, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.7
100 = national avg
-13.3 vs national average
Living Wage (1 Adult)
$38,163
per year
Living Wage (Family of 4)
$90,204
per year
Cost Index by Category
Housing62.8
Food100.5
Transportation101.1
Healthcare100.4
Utilities92.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Mount Clare is 86.7, which is 13.3% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $38,163 per year to cover basic expenses.