Cost of Living in Mount Morris, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.2
100 = national avg
-31.8 vs national average
Living Wage (1 Adult)
$29,993
per year
Living Wage (Family of 4)
$70,893
per year
Cost Index by Category
Housing64.1
Food79.2
Transportation58.3
Healthcare83.3
Utilities80.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$852
per month
2 Bedroom
$1,118
per month
The overall cost of living index in Mount Morris is 68.2, which is 31.8% below the national average. Housing costs are below the national average at an index of 64.1. A single adult needs to earn approximately $29,993 per year to cover basic expenses.