The cost of living index for Kewanee, IL, is notably lower than the nationwide average of 100. Specifically, Kewanee's overall cost of living index sits at 87. This makes living expenses around 13% cheaper compared to the national average.
Kewanee shows particularly lower housing costs, at 75, which is 25% below the national index. Most other categories, such as groceries and utilities, also remain close to or slightly below the national average, contributing to this overall lower cost of living.
The cost of living index in Kewanee, Illinois, shows that living expenses are generally lower compared to the nationwide average. This index, using the nationwide average as a baseline of 100, highlights specific areas where Kewanee residents can save money. For example, housing costs in Kewanee are at 75, which means they are 25% less expensive than the average. This can make housing more affordable for those relocating to the area.
When comparing other essentials, groceries in Kewanee are priced at 90, which is 10% less than the national average. Utilities, including electricity and water, are slightly higher at 95, representing a modest 5% increase. Transportation costs are at 85, indicating a 15% savings on average transportation expenses. Healthcare costs match the national average at 100, suggesting no significant difference in medical expenses. Miscellaneous items, like clothing and entertainment, are also at 80, showing a 20% reduction. This comprehensive view helps potential residents understand the economic landscape of Kewanee, making it a potentially attractive location for those looking to manage living costs effectively.
