Cost of Living in Savoy, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.4
100 = national avg
+30.4 vs national average
Living Wage (1 Adult)
$57,385
per year
Living Wage (Family of 4)
$135,638
per year
Cost Index by Category
Housing139.2
Food117.9
Transportation135.8
Healthcare114.3
Utilities118.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$946
per month
2 Bedroom
$1,122
per month
The overall cost of living index in Savoy is 130.4, which is 30.4% above the national average. Housing costs are above the national average at an index of 139.2. A single adult needs to earn approximately $57,385 per year to cover basic expenses.