Bethalto, IL, offers a cost of living slightly below the nationwide average, which stands at 100. Based on the graph, the housing index in Bethalto is 80, meaning it costs 20% less to live there compared to the national average. Other areas such as groceries and healthcare also follow a similar trend, with Bethalto being slightly more affordable overall. This makes it an attractive option for individuals looking to reduce their living expenses while maintaining quality of life.
Bethalto, Illinois, offers a cost of living that is notably lower than the nationwide average, making it an attractive location for budget-conscious individuals and families. When comparing Bethalto's cost of living index to the national average, which is set at 100, it becomes clear that this area provides significant savings in several key areas. For instance, housing costs in Bethalto stand at 80, meaning residents pay 20% less than the national average. This reduction can make homeownership or renting more affordable.
Furthermore, Bethalto’s grocery prices are slightly above average at 95, which is 5% higher than the national cost. Utilities follow closely with an index of 85, indicating a 15% savings compared to the nationwide average. Transportation costs are at 90, offering a 10% savings, while healthcare costs also sit at 90, equaling the national average. Miscellaneous expenses in Bethalto are 87, representing a 13% savings. Overall, Bethalto offers a cost of living that is 13% below the national average, providing notable financial benefits for those relocating or considering a move.