Cost of Living in Owaneco, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.3
100 = national avg
-6.7 vs national average
Living Wage (1 Adult)
$41,070
per year
Living Wage (Family of 4)
$97,076
per year
Cost Index by Category
Housing77.6
Food101.1
Transportation106.6
Healthcare100.9
Utilities96.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Owaneco is 93.3, which is 6.7% below the national average. Housing costs are below the national average at an index of 77.6. A single adult needs to earn approximately $41,070 per year to cover basic expenses.