Cost of Living in Rio, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.6
100 = national avg
-10.4 vs national average
Living Wage (1 Adult)
$39,411
per year
Living Wage (Family of 4)
$93,152
per year
Cost Index by Category
Housing76.1
Food98.1
Transportation96.8
Healthcare98.5
Utilities94.1
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 Rio is 89.6, which is 10.4% below the national average. Housing costs are below the national average at an index of 76.1. A single adult needs to earn approximately $39,411 per year to cover basic expenses.