Gibson City, IL, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Gibson City stands at 87, which is 13% below the national average of 100. This makes Gibson City an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Housing costs in Gibson City are particularly favorable, with an index of 80, which is 20% below the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also remain below the national average, contributing to the overall lower cost of living.
Gibson City, IL, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Gibson City stands at 80, indicating that housing costs are 20% lower than the average. This makes it an attractive option for those looking to save on their housing expenses. Additionally, groceries in Gibson City are priced at 90, which is 10% lower than the national average. This suggests that residents can find affordable food options, contributing to the overall lower cost of living.
Utilities in Gibson City are slightly above the average, with an index of 95, which is 5% higher than the national average. While this is a minor increase, it remains relatively affordable. Transportation costs are also lower, with an index of 85, meaning they are 15% cheaper than the average. Healthcare costs in Gibson City are at 85, which is 15% lower than the national average, making it a cost-effective place for healthcare. Miscellaneous expenses, with an index of 88, are 12% below the average, further supporting the overall lower cost of living in Gibson City.
