Cost of Living in Solon Mills, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
195.6
100 = national avg
+95.6 vs national average
Living Wage (1 Adult)
$86,056
per year
Living Wage (Family of 4)
$203,406
per year
Cost Index by Category
Housing223.0
Transportation170.7
Utilities136.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Solon Mills is 195.6, which is 95.6% above the national average. Housing costs are above the national average at an index of 223.0. A single adult needs to earn approximately $86,056 per year to cover basic expenses.