Cost of Living in Mount Vernon, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.9
100 = national avg
-17.1 vs national average
Living Wage (1 Adult)
$36,457
per year
Living Wage (Family of 4)
$86,171
per year
Cost Index by Category
Housing82.0
Food90.3
Transportation68.2
Healthcare92.3
Utilities90.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$782
per month
2 Bedroom
$1,026
per month
The overall cost of living index in Mount Vernon is 82.9, which is 17.1% below the national average. Housing costs are below the national average at an index of 82.0. A single adult needs to earn approximately $36,457 per year to cover basic expenses.