Cost of Living in Petersburg, IL

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

Cost of Living Overview

Overall Index

91.1

100 = national avg

-8.9 vs national average

Living Wage (1 Adult)

$40,089

per year

Living Wage (Family of 4)

$94,756

per year

Cost Index by Category

Housing
86.2
Food
95.7
Transportation
91.5
Healthcare
96.6
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$970

per month

2 Bedroom

$1,203

per month

The overall cost of living index in Petersburg is 91.1, which is 8.9% below the national average. Housing costs are below the national average at an index of 86.2. A single adult needs to earn approximately $40,089 per year to cover basic expenses.