Cost of Living in New Grand Chain, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
55.9
100 = national avg
-44.1 vs national average
Living Wage (1 Adult)
$24,609
per year
Living Wage (Family of 4)
$58,167
per year
Cost Index by Category
Housing43.7
Food73.9
Transportation47.8
Healthcare79.1
Utilities73.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$836
per month
2 Bedroom
$916
per month
The overall cost of living index in New Grand Chain is 55.9, which is 44.1% below the national average. Housing costs are below the national average at an index of 43.7. A single adult needs to earn approximately $24,609 per year to cover basic expenses.