Geneseo, IL, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Geneseo stands at 88, which is 12% below the national benchmark of 100. This lower cost of living makes Geneseo a more affordable option for housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Job seekers can expect to find better value in their spending across these essential areas.
Geneseo, Illinois, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Geneseo stands at 86, which is 14% below the national average of 100. This lower cost of living makes housing particularly affordable, with an index of 79, representing a 21% decrease from the national average. Job seekers will find that housing expenses in Geneseo are significantly more manageable, allowing for a greater portion of their income to be allocated to other needs.
In addition to housing, other living expenses in Geneseo also remain competitive. For instance, groceries have an index of 92, which is 2% above the national average. Utilities, at 90, are just 10% below the national average, making day-to-day living expenses quite reasonable. Transportation costs are slightly higher, with an index of 95, indicating a modest 5% increase. Healthcare costs are also relatively low, with an index of 88, which is 12% below the national average. These factors combine to make Geneseo an attractive option for those seeking a balanced and affordable lifestyle.
