Cost of Living in Spaulding, IL

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

Cost of Living Overview

Overall Index

125.9

100 = national avg

+25.9 vs national average

Living Wage (1 Adult)

$55,413

per year

Living Wage (Family of 4)

$130,977

per year

Cost Index by Category

Housing
98.8
Food
129.6
Transportation
159.3
Healthcare
123.7
Utilities
117.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$970

per month

2 Bedroom

$1,203

per month

The overall cost of living index in Spaulding is 125.9, which is 25.9% above the national average. Housing costs are below the national average at an index of 98.8. A single adult needs to earn approximately $55,413 per year to cover basic expenses.