Glen Carbon, IL, presents a cost of living slightly below the nationwide average. Housing costs are 15% lower, making homes more affordable for residents. Other expenses like groceries, utilities, and healthcare also trend below the average, with only transportation costs slightly above.
Specifically, the housing index stands at 85, showing a 15% reduction from the national benchmark of 100. Groceries, utilities, and healthcare also show lower costs, at 95, 90, and 88, respectively. The transportation index is 92, just 2% over the average. This combination makes Glen Carbon a cost-effective choice for many.
Glen Carbon, IL, presents a cost of living that is notably lower than the nationwide average. As indicated by the cost of living index, housing costs in Glen Carbon are 15% below the national average. This means residents can find more affordable housing options, potentially making homeownership or renting more accessible. The housing index stands at 85, which is a substantial decrease from the baseline of 100.
Other expenses in Glen Carbon also show lower costs compared to the national average. Groceries, for instance, are priced at 95, indicating a 5% reduction in food costs. Utilities, transportation, healthcare, and miscellaneous items all reflect costs slightly below or close to the national average. Utilities are at 90, transportation at 92, healthcare at 88, and miscellaneous at 80. This overall trend suggests that living in Glen Carbon can be a financially beneficial option for those seeking more value in their spending.