Lansing, IL, presents a favorable cost of living with a total index of 95, which is 5% lower than the nationwide average of 100. This reduction makes housing, groceries, and other expenses more affordable, giving residents a slight financial advantage. The transportation and utilities costs remain very close to the national average, while healthcare costs are slightly higher.
The lower cost of living in Lansing, IL, translates to more savings. Specifically, housing costs are 10% lower, and groceries are 5% cheaper, both favorable factors for those relocating or considering a move. This balance of affordability and manageable expenses presents a compelling choice for potential residents.
Lansing, IL, offers a cost of living that is fairly comparable to the nationwide average, with slight variations across different sectors. Housing costs in Lansing sit at 90 on the cost of living index, which means they are 10% below the national average. This makes finding affordable housing in Lansing potentially easier than in many other areas. For groceries, the index stands at 95, indicating a cost that is 5% lower than the national average. This suggests that residents can save a bit on their food budgets.
Other areas, such as utilities and transportation, also show minor differences. Utilities are at 97 on the index, which is 3% below average, and transportation costs are at 92, meaning they are 8% under the national average. Healthcare costs in Lansing, however, are slightly higher, with an index of 98, indicating a 2% increase compared to the national average. Lastly, miscellaneous costs align perfectly with the national average at 100. Overall, Lansing provides a cost of living that is generally lower than the national average in several key areas, making it an attractive option for those seeking affordability.
