Cost of Living in Niles, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.1
100 = national avg
+34.1 vs national average
Living Wage (1 Adult)
$59,023
per year
Living Wage (Family of 4)
$139,509
per year
Cost Index by Category
Housing168.9
Food110.0
Transportation118.0
Healthcare108.0
Utilities119.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Niles is 134.1, which is 34.1% above the national average. Housing costs are above the national average at an index of 168.9. A single adult needs to earn approximately $59,023 per year to cover basic expenses.