Cost of Living in Oconee, IL

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

Cost of Living Overview

Overall Index

94.5

100 = national avg

-5.5 vs national average

Living Wage (1 Adult)

$41,568

per year

Living Wage (Family of 4)

$98,252

per year

Cost Index by Category

Housing
85.8
Food
99.7
Transportation
99.4
Healthcare
99.7
Utilities
97.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$789

per month

2 Bedroom

$951

per month

The overall cost of living index in Oconee is 94.5, which is 5.5% below the national average. Housing costs are below the national average at an index of 85.8. A single adult needs to earn approximately $41,568 per year to cover basic expenses.