Lemont, IL, offers a cost of living slightly above the nationwide average. The housing index stands at 110%, meaning housing costs are 10% higher than the national average. Other categories, such as groceries at 98% and utilities at 95%, are slightly below the average, showing some balance in the overall cost. The transportation index at 102% and healthcare at 100% align closely with the national figures, making Lemont's cost of living relatively comparable to the rest of the country.
The cost of living in Lemont, IL, presents a mixed picture when compared to the nationwide average, which is set at 100. Housing costs stand out with an index of 110, indicating that residents can expect to pay about 10% more for housing than the national average. This means that expenses like rent or mortgage payments are significantly higher in Lemont.
Other areas, however, are more closely aligned with national averages. For instance, groceries have a cost index of 98, suggesting that food shopping costs are only about 2% below the national average. Utilities also follow this trend with an index of 95, meaning residents pay about 5% less for utilities like electricity and water compared to the nationwide average. Transportation costs are slightly higher at 102, adding an additional 2% to expenses. Healthcare remains at the national average of 100, while miscellaneous expenses are slightly higher at 105, indicating a modest 5% increase in other living costs. Overall, Lemont’s cost of living offers a balance between higher housing and lower utility expenses.
