Cost of Living in Toluca, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.2
100 = national avg
-6.8 vs national average
Living Wage (1 Adult)
$41,020
per year
Living Wage (Family of 4)
$96,955
per year
Cost Index by Category
Housing79.4
Food101.0
Transportation101.9
Healthcare100.8
Utilities96.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Toluca is 93.2, which is 6.8% below the national average. Housing costs are below the national average at an index of 79.4. A single adult needs to earn approximately $41,020 per year to cover basic expenses.