Cost of Living in Preemption, IL

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

Cost of Living Overview

Overall Index

111.2

100 = national avg

+11.2 vs national average

Living Wage (1 Adult)

$48,936

per year

Living Wage (Family of 4)

$115,668

per year

Cost Index by Category

Housing
101.0
Food
112.2
Transportation
124.4
Healthcare
109.8
Utilities
107.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$928

per month

2 Bedroom

$1,143

per month

The overall cost of living index in Preemption is 111.2, which is 11.2% above the national average. Housing costs are above the national average at an index of 101.0. A single adult needs to earn approximately $48,936 per year to cover basic expenses.