The cost of living index in Granite City, IL, stands at 93, which is 3% below the nationwide average of 100. This means residents can expect to pay less for most goods and services compared to the national average. In housing, for example, the index is 87, representing a 13% reduction. Groceries are slightly above average at 95, while utilities match the national average at 100. Transportation costs are 10% lower at 90, and healthcare costs are 2% below average at 98. Miscellaneous expenses are also slightly lower at 92.
The cost of living in Granite City, IL, shows a mix of lower and comparable costs compared to the nationwide average, which stands at 100. For housing, Granite City's index is 87, meaning it costs about 13% less than the national average. This makes housing more affordable for residents. Groceries, another essential expense, have an index of 95, reflecting just a 5% lower cost compared to the average.
When looking at utilities, Granite City matches the national average at 100, suggesting no difference in cost for these essential services. Transportation costs are slightly lower, with an index of 90, which translates to a 10% savings. Healthcare costs are close to the average at 98, indicating a minimal difference. Lastly, miscellaneous costs have an index of 92, which is 8% less than the national average. These figures help job seekers understand the relative affordability of living in Granite City, IL.
