Cost of Living in Watson, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.7
100 = national avg
-11.3 vs national average
Living Wage (1 Adult)
$39,046
per year
Living Wage (Family of 4)
$92,289
per year
Cost Index by Category
Housing71.4
Food102.5
Transportation85.7
Healthcare102.0
Utilities95.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$754
per month
2 Bedroom
$916
per month
The overall cost of living index in Watson is 88.7, which is 11.3% below the national average. Housing costs are below the national average at an index of 71.4. A single adult needs to earn approximately $39,046 per year to cover basic expenses.