Cost of Living in Wheeling, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
138.4
100 = national avg
+38.4 vs national average
Living Wage (1 Adult)
$60,892
per year
Living Wage (Family of 4)
$143,927
per year
Cost Index by Category
Housing171.0
Food113.6
Transportation127.3
Healthcare110.9
Utilities122.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Wheeling is 138.4, which is 38.4% above the national average. Housing costs are above the national average at an index of 171.0. A single adult needs to earn approximately $60,892 per year to cover basic expenses.