Cost of Living in Polo, IL

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

Cost of Living Overview

Overall Index

84.0

100 = national avg

-16.0 vs national average

Living Wage (1 Adult)

$36,970

per year

Living Wage (Family of 4)

$87,383

per year

Cost Index by Category

Housing
79.7
Food
90.5
Transportation
81.0
Healthcare
92.4
Utilities
90.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$852

per month

2 Bedroom

$1,118

per month

The overall cost of living index in Polo is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 79.7. A single adult needs to earn approximately $36,970 per year to cover basic expenses.