Cost of Living in Ringwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
188.5
100 = national avg
+88.5 vs national average
Living Wage (1 Adult)
$82,923
per year
Living Wage (Family of 4)
$196,001
per year
Cost Index by Category
Housing169.8
Food170.4
Transportation240.8
Healthcare156.3
Utilities156.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Ringwood is 188.5, which is 88.5% above the national average. Housing costs are above the national average at an index of 169.8. A single adult needs to earn approximately $82,923 per year to cover basic expenses.