Cost of Living in Standard City, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.5
100 = national avg
-22.5 vs national average
Living Wage (1 Adult)
$34,103
per year
Living Wage (Family of 4)
$80,606
per year
Cost Index by Category
Housing48.8
Food87.9
Transportation123.8
Healthcare90.3
Utilities82.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Standard City is 77.5, which is 22.5% below the national average. Housing costs are below the national average at an index of 48.8. A single adult needs to earn approximately $34,103 per year to cover basic expenses.