Hodgkins, IL, presents a cost of living index that is slightly below the nationwide average. The overall index stands at 99, indicating that living expenses in Hodgkins are nearly on par with the national average. Housing costs in Hodgkins are 3% below the average, while groceries are slightly higher at 5%. Utilities and transportation costs are close to the average, with utilities at 2% below and transportation at 2% above. Healthcare costs are notably lower, at 8% below the average, making Hodgkins a potentially attractive option for those seeking more affordable living expenses.
Hodgkins, IL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Hodgkins is 99, which is 1% lower than the national average of 100. Housing costs in Hodgkins are notably affordable, with an index of 97, which is 3% less than the national average. This makes it a favorable location for those looking to save on housing expenses.
In contrast, some areas in Hodgkins have costs that are slightly higher than the national average. For instance, groceries have an index of 105, which is 5% higher. This means that while housing is more affordable, grocery shopping might cost a bit more. Utilities in Hodgkins are also slightly lower, with an index of 98, which is 2% below the national average. Transportation, healthcare, and miscellaneous costs are close to the national average, with indices of 102, 92, and 100, respectively. This balanced mix of costs makes Hodgkins a competitive place for those seeking a reasonable cost of living.