Grayslake, IL, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, and healthcare costs are 10% higher. Groceries, utilities, transportation, and miscellaneous expenses are slightly above the national average, with groceries at 5%, utilities at 2%, and miscellaneous at 2%.
Overall, Grayslake's cost of living index is 104, which is 4% higher than the national average.
Grayslake, IL, presents a cost of living that is notably higher than the nationwide average in several key areas. Housing, for instance, stands at 120, which is 20% above the national benchmark of 100. This means that residents of Grayslake can expect to pay 20% more for housing compared to the average American. Additionally, groceries in Grayslake are priced at 105, which is 5% higher than the national average. This slight increase suggests that the cost of food items is moderately elevated in this area.
Utilities in Grayslake are slightly below the national average, with an index of 95, indicating a 5% decrease. This offers some relief to residents who might otherwise face higher expenses in this category. Transportation costs, however, align closely with the national average at 100, suggesting no significant difference in this area. Healthcare costs in Grayslake are 10% higher than the national average, with an index of 110. This increase highlights the need for careful budgeting in this essential area. Miscellaneous expenses also show a slight increase, with an index of 102, which is 2% higher than the national average. Overall, Grayslake presents a cost of living that is generally higher than the national average, particularly in housing and healthcare.