Cost of Living in Peotone, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
140.5
100 = national avg
+40.5 vs national average
Living Wage (1 Adult)
$61,812
per year
Living Wage (Family of 4)
$146,100
per year
Cost Index by Category
Housing137.0
Food130.1
Transportation160.2
Healthcare124.1
Utilities125.5
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 Peotone is 140.5, which is 40.5% above the national average. Housing costs are above the national average at an index of 137.0. A single adult needs to earn approximately $61,812 per year to cover basic expenses.