Henry, IL, presents a cost of living index that is slightly below the nationwide average of 100. The overall cost of living index for Henry stands at 89, reflecting a modest 11% decrease from the national average. This suggests that residents of Henry can expect to spend less on various living expenses compared to the average American.
Breaking down the components, Henry's housing index at 88 shows a 12% reduction, while groceries at 95 indicate a 5% increase. Utilities, transportation, healthcare, and miscellaneous costs also hover slightly below the national average, with indices of 90, 85, 92, and 87, respectively. These figures provide a clear picture of where Henry stands in terms of affordability.
Henry, IL, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Henry stands at 89, which is a 11% decrease compared to the national average of 100. This means that, on average, residents in Henry can expect to spend less on their daily expenses compared to the average American.
The housing index in Henry is 88, which is 12% below the national average. This suggests that housing costs are relatively affordable in Henry. Groceries in Henry have an index of 95, only 5% below the national average, indicating that food costs are quite comparable to the rest of the country. Utilities in Henry are priced at 90, which is 10% less than the national average, offering another area where residents can save money. Transportation costs in Henry, with an index of 85, are 15% lower than the national average, making commuting more budget-friendly. Healthcare costs in Henry, at an index of 92, are 8% below the national average, providing a slight advantage in medical expenses. Lastly, miscellaneous costs in Henry, with an index of 87, are 13% below the national average, rounding out the overall lower cost of living in Henry.
