Cost of Living in Mount Sterling, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.6
100 = national avg
-10.4 vs national average
Living Wage (1 Adult)
$39,424
per year
Living Wage (Family of 4)
$93,183
per year
Cost Index by Category
Housing74.6
Food98.9
Transportation97.7
Healthcare99.1
Utilities94.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$810
per month
2 Bedroom
$1,063
per month
The overall cost of living index in Mount Sterling is 89.6, which is 10.4% below the national average. Housing costs are below the national average at an index of 74.6. A single adult needs to earn approximately $39,424 per year to cover basic expenses.