Cost of Living in Tower Hill, IL

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

Cost of Living Overview

Overall Index

78.4

100 = national avg

-21.6 vs national average

Living Wage (1 Adult)

$34,515

per year

Living Wage (Family of 4)

$81,580

per year

Cost Index by Category

Housing
66.5
Food
90.4
Transportation
76.4
Healthcare
92.4
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$789

per month

2 Bedroom

$951

per month

The overall cost of living index in Tower Hill is 78.4, which is 21.6% below the national average. Housing costs are below the national average at an index of 66.5. A single adult needs to earn approximately $34,515 per year to cover basic expenses.