Cost of Living in Sheffield, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.8
100 = national avg
-1.2 vs national average
Living Wage (1 Adult)
$43,468
per year
Living Wage (Family of 4)
$102,742
per year
Cost Index by Category
Housing91.0
Food102.4
Transportation104.8
Healthcare101.9
Utilities99.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$789
per month
2 Bedroom
$1,035
per month
The overall cost of living index in Sheffield is 98.8, which is 1.2% below the national average. Housing costs are below the national average at an index of 91.0. A single adult needs to earn approximately $43,468 per year to cover basic expenses.