Cost of Living in Taylor Ridge, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.6
100 = national avg
+22.6 vs national average
Living Wage (1 Adult)
$53,961
per year
Living Wage (Family of 4)
$127,543
per year
Cost Index by Category
Housing119.7
Transportation140.5
Utilities105.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Taylor Ridge is 122.6, which is 22.6% above the national average. Housing costs are above the national average at an index of 119.7. A single adult needs to earn approximately $53,961 per year to cover basic expenses.