Cost of living in Fairmont, Illinois
Simple answer
Typical rent is $1,455 a month.
Fairmont is a Census community, not a separate city government in Illinois. That rent number includes utilities. A typical household earns $70,795 a year.
- People
- 2,617
- Census average, 2020–2024
- Typical rent
- $1,455
- Median gross rent, includes utilities
- Typical pay
- $70,795
- Median household income, yearly
- Typical home
- $182,300
- Median home value
- 2-bedroom fair rent
- $2,011
- Chicago-Joliet-Naperville, IL HUD Metro FMR Area
Fairmont, Illinois has about 2,617 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $182,300.
HUD's fair-market rent for a 2-bedroom in Will County is $2,011 a month. That is the county number, not an apartment listing in Fairmont. It runs from October 2026 through September 2027.
In the Chicago-Naperville-Elgin, IL-IN metro area, prices sit at 103.6 when the U.S. average is 100. That is a 2024 BEA index.
Illinois taxes wages. A typical combined sales tax is 9.0% as of January 1, 2026. That mix is statewide, not Fairmont's exact store tax.
In July 2026, a typical Illinois home paid 19.22¢ per kilowatt-hour. That is a state average from EIA, not Fairmont's bill.
EIA did not publish a 2025 all-grades gas price for Illinois in the table we use.
Among 648 places we list in Illinois with a rent figure, 152 have higher typical rent than Fairmont.
Nearby places
- Ridgewood
Typical rent $1,634
Compare with Fairmont - Lockport
Typical rent $1,525
Compare with Fairmont - Crest Hill
Typical rent $1,481
Compare with Fairmont - Ingalls Park
Typical rent $1,408
Compare with Fairmont - Sunnyland
Typical rent $1,926
Compare with Fairmont - Preston Heights
Typical rent $1,197
Compare with Fairmont - Romeoville
Typical rent $1,886
Compare with Fairmont - Rockdale
Typical rent $1,256
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Illinois
Bigger places in Illinois
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.