Cost of Living in Potomac, IL

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

Cost of Living Overview

Overall Index

79.2

100 = national avg

-20.8 vs national average

Living Wage (1 Adult)

$34,847

per year

Living Wage (Family of 4)

$82,365

per year

Cost Index by Category

Housing
67.7
Food
90.1
Transportation
80.1
Healthcare
92.0
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$974

per month

The overall cost of living index in Potomac is 79.2, which is 20.8% below the national average. Housing costs are below the national average at an index of 67.7. A single adult needs to earn approximately $34,847 per year to cover basic expenses.