Bethalto, IL, offers a lower cost of living compared to the nationwide average, which is set at 100. The overall cost of living index in Bethalto stands at 89, indicating that residents can expect to spend about 11% less than the national average on various living expenses. This includes housing, groceries, utilities, transportation, healthcare, and miscellaneous costs, all of which are below the national average, making Bethalto a more affordable place to live.
Bethalto, IL, offers a cost of living that is notably lower than the nationwide average. The housing index in Bethalto stands at 76, which is 24% below the national average of 100. This suggests that housing costs in Bethalto are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the lower housing costs can free up more of a budget for other necessities and discretionary spending.
Bethalto also performs well in other key areas when compared to the national average. For groceries, the index is 90, which is just 10% below the average. Utilities and transportation both match the national average at 95, indicating that these expenses are on par with the rest of the country. Healthcare costs are slightly below the average at 93, offering a small advantage in this category. Miscellaneous expenses, at 89, also show a minor reduction compared to the national average. Overall, Bethalto provides a cost-effective living environment with several areas below the national average, making it a smart choice for budget-conscious individuals.