Lemont, IL, has a higher cost of living compared to the nationwide average. The overall cost of living index in Lemont stands at 105, which is 5% higher than the national average of 100. Housing costs are notably higher, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers considering Lemont should be aware of the elevated expenses, particularly in housing.
Lemont, IL, presents a cost of living that is notably higher than the nationwide average in several key areas. Housing costs in Lemont stand at 120, which is 20% above the national average. This means that housing expenses can be significantly higher for those considering a move to Lemont. Groceries also show a higher cost, with an index of 110, indicating a 10% increase over the average. These elevated costs suggest that residents may need to budget more for their living expenses.
Transportation costs in Lemont are slightly above the national average, with an index of 105, reflecting a 5% increase. Utilities, however, are slightly more affordable, with an index of 95, which is 5% below the national average. Healthcare costs remain in line with the national average at 100, offering some relief for those concerned about medical expenses. Miscellaneous costs are also slightly above average, at 102, indicating a 2% increase. Overall, while Lemont offers some areas of affordability, the higher costs in housing and groceries are important considerations for potential residents.
