Cost of Living in Philo, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
132.6
100 = national avg
+32.6 vs national average
Living Wage (1 Adult)
$58,362
per year
Living Wage (Family of 4)
$137,945
per year
Cost Index by Category
Housing118.3
Food129.1
Transportation158.1
Healthcare123.2
Utilities121.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$946
per month
2 Bedroom
$1,122
per month
The overall cost of living index in Philo is 132.6, which is 32.6% above the national average. Housing costs are above the national average at an index of 118.3. A single adult needs to earn approximately $58,362 per year to cover basic expenses.