Cost of Living in Niantic, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

96.5

100 = national avg

-3.5 vs national average

Living Wage (1 Adult)

$42,473

per year

Living Wage (Family of 4)

$100,392

per year

Cost Index by Category

Housing
93.2
Food
98.9
Transportation
97.8
Healthcare
99.1
Utilities
98.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$845

per month

2 Bedroom

$1,063

per month

The overall cost of living index in Niantic is 96.5, which is 3.5% below the national average. Housing costs are below the national average at an index of 93.2. A single adult needs to earn approximately $42,473 per year to cover basic expenses.