Channahon, IL, offers a relatively affordable living experience compared to the nationwide average. The cost of living index in Channahon stands at 95, which is 5% lower than the national average of 100. This lower index reflects that residents can expect to spend less on most essential expenses, making it a cost-effective location for potential job seekers.
Specifically, housing costs are 10% below the national average, while groceries and transportation costs are only 5% below. Utilities and healthcare costs are slightly higher, but miscellaneous expenses remain close to the national average. This balance makes Channahon an attractive option for those looking to manage living expenses effectively.
Channahon, IL, offers a cost of living that is slightly lower than the nationwide average. The housing index in Channahon stands at 90, which means housing costs are 10% less than the average. This can be a significant advantage for job seekers looking to save on housing expenses. Additionally, groceries in Channahon are priced at 95, which is 5% below the national average, providing some relief for those managing their food budgets.
Utilities in Channahon, however, are slightly higher than the national average, with an index of 105. This indicates that utility costs are about 5% higher than what one might find in the average U.S. city. Despite this, the transportation index of 95 shows that commuting and other related costs are 5% lower than the national average. Healthcare costs in Channahon are on par with the national average, with an index of 100, offering no significant advantage or disadvantage in this area. Overall, miscellaneous costs are at 98, which is 2% below the national average, making Channahon a relatively affordable place to live.