Cost of Living in Roanoke, IL

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

Cost of Living Overview

Overall Index

107.2

100 = national avg

+7.2 vs national average

Living Wage (1 Adult)

$47,184

per year

Living Wage (Family of 4)

$111,525

per year

Cost Index by Category

Housing
103.5
Food
106.7
Transportation
113.3
Healthcare
105.3
Utilities
104.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Roanoke is 107.2, which is 7.2% above the national average. Housing costs are above the national average at an index of 103.5. A single adult needs to earn approximately $47,184 per year to cover basic expenses.