Cost of Living in Tremont, IL

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

Cost of Living Overview

Overall Index

112.1

100 = national avg

+12.1 vs national average

Living Wage (1 Adult)

$49,341

per year

Living Wage (Family of 4)

$116,625

per year

Cost Index by Category

Housing
110.7
Food
109.2
Transportation
118.3
Healthcare
107.3
Utilities
107.7

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 Tremont is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 110.7. A single adult needs to earn approximately $49,341 per year to cover basic expenses.