Chicago Ridge, IL, has a cost of living index that is 5% higher than the nationwide average. This means residents can expect to pay more for housing, utilities, and transportation. However, groceries and healthcare are slightly lower, with miscellaneous costs also close to the national average.
Chicago Ridge, IL, presents a cost of living that is slightly higher than the nationwide average. Housing costs in Chicago Ridge stand at 105, which is 5% higher than the national average. This means that residents can expect to pay about 5% more for housing compared to the average American. Groceries, however, are slightly cheaper, with an index of 95, indicating a 5% savings on food expenses.
Utilities in Chicago Ridge are close to the national average, with an index of 98, which is just 2% below the average. Transportation costs are slightly higher, at 102, meaning residents pay about 2% more for transportation. Healthcare costs are notably lower, with an index of 90, representing a 10% savings on healthcare expenses. Miscellaneous costs also mirror the national average, with an index of 97, showing a minimal 3% difference. Overall, Chicago Ridge offers a balanced cost of living with some areas of savings and others that are slightly higher.
