Cost of Living in Timberlane, IL

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

Cost of Living Overview

Overall Index

229.9

100 = national avg

+129.9 vs national average

Living Wage (1 Adult)

$101,157

per year

Living Wage (Family of 4)

$239,099

per year

Cost Index by Category

Housing
256.6
Food
198.5
Transportation
192.3
Healthcare
178.8
Utilities
190.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$895

per month

2 Bedroom

$1,175

per month

The overall cost of living index in Timberlane is 229.9, which is 129.9% above the national average. Housing costs are above the national average at an index of 256.6. A single adult needs to earn approximately $101,157 per year to cover basic expenses.