Cost of Living in Thayer, IL

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

Cost of Living Overview

Overall Index

90.8

100 = national avg

-9.2 vs national average

Living Wage (1 Adult)

$39,944

per year

Living Wage (Family of 4)

$94,413

per year

Cost Index by Category

Housing
79.3
Food
98.2
Transportation
96.5
Healthcare
98.6
Utilities
94.8

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 Thayer is 90.8, which is 9.2% below the national average. Housing costs are below the national average at an index of 79.3. A single adult needs to earn approximately $39,944 per year to cover basic expenses.