Cost of Living in Ridgway, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.2
100 = national avg
-27.8 vs national average
Living Wage (1 Adult)
$31,772
per year
Living Wage (Family of 4)
$75,096
per year
Cost Index by Category
Housing67.2
Food82.4
Transportation64.8
Healthcare85.9
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Ridgway is 72.2, which is 27.8% below the national average. Housing costs are below the national average at an index of 67.2. A single adult needs to earn approximately $31,772 per year to cover basic expenses.