The cost of living index in Geneseo, IL, is slightly below the nationwide average, which is set at 100. Specifically, the housing index stands at 87, groceries at 94, utilities at 97, transportation at 94, healthcare at 92, and miscellaneous expenses at 89. Overall, residents in Geneseo can expect their living costs to be approximately 91% of the national average.
The cost of living in Geneseo, Illinois, offers a favorable comparison to the nationwide average, which is set at 100. Geneseo's housing costs are notably lower, with an index of 87. This means that housing expenses in Geneseo are 13% lower than the national average. For job seekers considering this area, this represents a significant saving, potentially allowing for more funds to be allocated toward other essential expenses.
Additionally, Geneseo's grocery costs are just above the average, at 94, which translates to a 6% increase. Utilities and transportation also slightly exceed the average, with indices of 97 and 94, respectively. Health care costs in Geneseo are slightly lower than the national average at 92, meaning these expenses are 8% less. Miscellaneous costs are also below the national average at 89, representing a 11% decrease. Overall, Geneseo provides a cost-effective living environment for many key expenditures.
