Cost of Living in Hampshire, IL
Overall index: 103 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 91 | -9% | $1,649 |
| Transportation | 96 | -4% | $3.50 |
| Food | 144 | +44% | $590 |
| Utilities | 96 | -4% | $164 |
| Healthcare | 96 | -4% | $118 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Hampshire?
A single adult living comfortably in Hampshire, IL needs approximately $36,050 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Hampshire, IL?
The overall cost of living in Hampshire, IL is 3% higher than the US national average (index: 103 where 100 = national average).
How much is rent in Hampshire, IL?
Average rent for a 1-bedroom apartment in Hampshire, IL is about $1,649/month.
Is Hampshire, IL expensive to live in?
Costs in Hampshire, IL are roughly in line with the national average.
What salary do I need to live in Hampshire, IL?
A single adult needs roughly $36,050/year to cover basic living costs in Hampshire, IL.