Cost of Living in Woodlawn, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.4
100 = national avg
-1.6 vs national average
Living Wage (1 Adult)
$43,308
per year
Living Wage (Family of 4)
$102,364
per year
Cost Index by Category
Housing86.5
Food103.9
Transportation107.7
Healthcare103.1
Utilities99.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$782
per month
2 Bedroom
$1,026
per month
The overall cost of living index in Woodlawn is 98.4, which is 1.6% below the national average. Housing costs are below the national average at an index of 86.5. A single adult needs to earn approximately $43,308 per year to cover basic expenses.