Cost of Living in Taylor Springs, IL

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

Cost of Living Overview

Overall Index

73.7

100 = national avg

-26.3 vs national average

Living Wage (1 Adult)

$32,443

per year

Living Wage (Family of 4)

$76,683

per year

Cost Index by Category

Housing
66.0
Food
84.6
Transportation
69.3
Healthcare
87.7
Utilities
84.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$714

per month

2 Bedroom

$937

per month

The overall cost of living index in Taylor Springs is 73.7, which is 26.3% below the national average. Housing costs are below the national average at an index of 66.0. A single adult needs to earn approximately $32,443 per year to cover basic expenses.