Canton, IL, offers a lower cost of living than the nationwide average of 100. Specifically, the cost of living index for Canton is at 87, indicating that residents spend about 13% less than the average American. Lower housing costs significantly drive this difference, with an index of 78. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to the overall lower cost of living in Canton.
The cost of living index in Canton, Illinois, shows a more affordable lifestyle compared to the nationwide average, which is set at 100. Canton's housing index stands at 78, meaning residents pay about 22% less than the national average for housing. This makes living expenses in Canton significantly lower in this key area.
When looking at other essential costs, Canton also provides savings in various categories. For groceries, the index is 90, which is just 10% below the national average. Utilities come in at 95, indicating only a slight increase of 5%. Transportation is at 85, meaning 15% less than the average. Healthcare, standing at 88, is 12% lower, and miscellaneous costs are at 92, showing a modest increase of 2%. Altogether, Canton offers a range of costs below the national average, making it an attractive place for those seeking affordability without major sacrifices in quality of life.
