Hinsdale, IL, shows a higher cost of living than the nationwide average in several key areas. Housing costs stand at 55% above the national average, making it one of the more expensive regions for this category. Groceries, utilities, and miscellaneous expenses also exceed the national average by 12%, 10%, and 20% respectively.
Despite transportation costs being slightly below the national average at 2% lower, the overall cost of living in Hinsdale is notably higher. This trend suggests that individuals should consider these factors when relocating to Hinsdale, IL.
The cost of living index in Hinsdale, IL, paints a clear picture of how living expenses compare to the nationwide average. With a nationwide average set at 100, Hinsdale's housing costs stand at 155. This means residents pay 55% more for housing than the average American. Such a high percentage highlights the need for higher incomes or more efficient budgeting in this area.
When looking at other categories, Hinsdale’s groceries index is 112, showing a 12% increase from the average. Utilities follow closely with a 110 index, which is 10% above the national average. Transportation costs are relatively lower at 98, indicating a 2% decrease compared to the average. Healthcare costs in Hinsdale are at 105, meaning expenses are 5% higher. Lastly, the miscellaneous category shows a 120 index, reflecting a 20% rise in costs. These figures suggest that while some expenses are higher, others are in line with or below the national average.
