The cost of living in Greenwood, Illinois (IL) is lower than the average cost of living in the state of Illinois and lower than the nationwide city average. The average annual pay in Greenwood is $44,025.00, which is $12,422.00 lower than the salary average in Illinois and lower than the U.S. average yearly wages by $9,596.00.
The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Greenwood annual salary, sales tax rates and the regional consumer price index.
