Cost of Living in Nilwood, IL

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

Cost of Living Overview

Overall Index

65.0

100 = national avg

-35.0 vs national average

Living Wage (1 Adult)

$28,605

per year

Living Wage (Family of 4)

$67,612

per year

Cost Index by Category

Housing
26.4
Food
85.6
Transportation
105.0
Healthcare
88.5
Utilities
76.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$698

per month

2 Bedroom

$916

per month

The overall cost of living index in Nilwood is 65.0, which is 35.0% below the national average. Housing costs are below the national average at an index of 26.4. A single adult needs to earn approximately $28,605 per year to cover basic expenses.