Carmi, IL, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Carmi stands at 87, which is 13% below the national average of 100. This makes Carmi an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Carmi are notably lower, with an index of 66, representing a 34% decrease from the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show lower costs, though not as dramatically reduced. This balanced reduction across various living expenses makes Carmi a cost-effective choice for potential residents.
Carmi, Illinois, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Carmi stands at 85, which is 15% below the national average of 100. This lower index suggests that residents can expect to pay less for a variety of expenses, making it an attractive option for those looking to stretch their dollars further. Housing costs in Carmi, for instance, are significantly lower, with an index of 66, which is 34% below the national average.
In addition to housing, other categories such as groceries, utilities, and transportation also show favorable comparisons. Groceries have a cost of living index of 94, which is 6% less than the national average. Utilities are at 95, just 5% below the average, and transportation costs are at 87, which is 13% lower. This pattern indicates that while some expenses are slightly higher, the overall cost of living in Carmi remains competitively lower than the national average. Healthcare costs are also slightly below the average, with an index of 98, which is 2% less. This comprehensive analysis highlights the affordability of Carmi for potential residents.
