Cost of Living in Toulon, IL

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

Cost of Living Overview

Overall Index

79.4

100 = national avg

-20.6 vs national average

Living Wage (1 Adult)

$34,928

per year

Living Wage (Family of 4)

$82,557

per year

Cost Index by Category

Housing
70.2
Food
89.2
Transportation
78.4
Healthcare
91.4
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Toulon is 79.4, which is 20.6% below the national average. Housing costs are below the national average at an index of 70.2. A single adult needs to earn approximately $34,928 per year to cover basic expenses.