Cost of Living in Tovey, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.6
100 = national avg
-10.4 vs national average
Living Wage (1 Adult)
$39,414
per year
Living Wage (Family of 4)
$93,161
per year
Cost Index by Category
Housing52.7
Food112.1
Transportation99.7
Healthcare109.7
Utilities97.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Tovey is 89.6, which is 10.4% below the national average. Housing costs are below the national average at an index of 52.7. A single adult needs to earn approximately $39,414 per year to cover basic expenses.