Cost of Living in Shumway, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.4
100 = national avg
+1.4 vs national average
Living Wage (1 Adult)
$44,599
per year
Living Wage (Family of 4)
$105,415
per year
Cost Index by Category
Housing83.8
Food108.3
Transportation116.6
Healthcare106.6
Utilities101.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$754
per month
2 Bedroom
$916
per month
The overall cost of living index in Shumway is 101.4, which is 1.4% above the national average. Housing costs are below the national average at an index of 83.8. A single adult needs to earn approximately $44,599 per year to cover basic expenses.