Cost of Living in Ridge Farm, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.9
100 = national avg
-23.1 vs national average
Living Wage (1 Adult)
$33,816
per year
Living Wage (Family of 4)
$79,930
per year
Cost Index by Category
Housing64.3
Food88.9
Transportation77.7
Healthcare91.1
Utilities86.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Ridge Farm is 76.9, which is 23.1% below the national average. Housing costs are below the national average at an index of 64.3. A single adult needs to earn approximately $33,816 per year to cover basic expenses.