Cost of Living in Palestine, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.3
100 = national avg
-15.7 vs national average
Living Wage (1 Adult)
$37,084
per year
Living Wage (Family of 4)
$87,654
per year
Cost Index by Category
Housing67.5
Food95.9
Transportation91.7
Healthcare96.7
Utilities91.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$764
per month
2 Bedroom
$916
per month
The overall cost of living index in Palestine is 84.3, which is 15.7% below the national average. Housing costs are below the national average at an index of 67.5. A single adult needs to earn approximately $37,084 per year to cover basic expenses.