East Chicago, IN, presents a cost of living that is generally lower than the nationwide average. The overall cost of living index in East Chicago is approximately 92, which is 8% below the national average of 100. This makes housing, groceries, and utilities notably more affordable in this area.
Specifically, the housing index stands at 85, which is 15% below the national average. Groceries and utilities also follow suit with indexes of 90 and 95, respectively, showing slight savings for residents in these categories. Overall, East Chicago offers a cost of living that is favorable for budget-conscious individuals seeking a more affordable lifestyle.
East Chicago, IN, offers a cost of living that is notably lower than the nationwide average, which is set at 100. When examining housing costs, East Chicago stands at 85 on the index, marking a 15% reduction compared to the national average. This means that housing expenses in East Chicago are more affordable, potentially making it easier for residents to manage their budgets.
In addition to housing, other areas such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect a lower cost of living. Groceries are 90 on the index, a 10% decrease. Utilities and transportation each stand at 95, indicating a 5% reduction. Healthcare, slightly higher at 98, still remains only 2% above the national average. Miscellaneous expenses are at 92, showing an 8% lower cost. Overall, East Chicago provides a more affordable living environment across multiple essential categories.