Cost of Living in Ramsey, IL

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

Cost of Living Overview

Overall Index

75.7

100 = national avg

-24.3 vs national average

Living Wage (1 Adult)

$33,293

per year

Living Wage (Family of 4)

$78,692

per year

Cost Index by Category

Housing
61.4
Food
88.7
Transportation
77.4
Healthcare
91.0
Utilities
85.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$750

per month

2 Bedroom

$916

per month

The overall cost of living index in Ramsey is 75.7, which is 24.3% below the national average. Housing costs are below the national average at an index of 61.4. A single adult needs to earn approximately $33,293 per year to cover basic expenses.