The cost of living index in Carpentersville, IL, stands at 98, which is slightly below the nationwide average of 100. This indicates that the overall cost of living in Carpentersville is about 2% less than the average U.S. city. Housing, groceries, utilities, and healthcare costs are all slightly lower, while transportation costs are marginally higher.
The cost of living index in Carpentersville, IL, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Carpentersville are at 95, indicating that residents can expect to spend 5% less on housing compared to the average American. This lower housing cost can be a significant advantage for those looking to settle in Carpentersville.
Other expenses also reflect a similar trend. Groceries in Carpentersville are priced at 97, which is a 3% reduction from the national average. Utilities, at 98, are nearly on par with the national average, suggesting minimal difference in these costs. Transportation costs are slightly higher, at 102, meaning residents might spend 2% more on transportation than the average American. Healthcare costs, at 99, are almost equal to the national average, offering little variation. Miscellaneous expenses are exactly at the national average of 100, showing no difference in these costs. Overall, Carpentersville presents a cost of living that is slightly below the national average, making it an attractive option for budget-conscious individuals.