Carmi, IL, offers a cost of living below the nationwide average, making it an attractive option for job seekers. The overall cost of living index in Carmi stands at 85, which is 15% lower than the national average of 100. This includes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses all being lower than the national average, with housing being the most affordable at 25% below the national index.
The data suggests that residents of Carmi can expect to pay less for their everyday needs. For example, housing costs are 25% lower, while groceries and utilities are also more affordable at 10% and 15% below the national figures, respectively. These savings make Carmi an appealing place for those looking to manage their expenses effectively.
Carmi, Illinois, offers a cost of living that is notably lower than the nationwide average, providing an attractive option for many job seekers. When comparing the cost of living index, Carmi scores 82, which is 18% below the average cost of living index of 100. This reduction is largely due to the housing index, which stands at 75, indicating that housing costs in Carmi are 25% lower than the national average. This lower cost can significantly impact a family's budget, making it easier to afford a comfortable lifestyle.
In addition to housing, other expenses in Carmi also reflect this lower cost of living. The grocery index is 90, showing that food costs are 10% less than the national average. Utilities, at 85, are 15% below the average, and miscellaneous costs, at 88, are 12% lower. Transportation, with an index of 80, indicates costs that are 20% lower. Even healthcare, though slightly higher at 95, remains favorable. These factors combined make Carmi an appealing location for those looking to maximize their purchasing power.