Lincolnwood, IL, shows a higher cost of living compared to the nationwide average. Housing costs are 30% higher, while groceries are 5% higher. Utilities are 5% lower than the average, but transportation, healthcare, and miscellaneous costs are 10%, 20%, and 15% higher, respectively.
Overall, Lincolnwood's cost of living index stands at 111, which is 11% above the national average. This indicates that residents can expect to pay more for most living expenses.
Lincolnwood, IL, shows a cost of living that is notably higher than the nationwide average. The housing index stands at 130, indicating that housing costs are 30% higher than the national average. This means that job seekers considering Lincolnwood should budget for significantly higher housing expenses. Groceries in Lincolnwood are also above average, with an index of 105, reflecting a 5% increase in grocery costs compared to the national average.
Utilities in Lincolnwood are slightly below the national average, with an index of 95, which means they are 5% cheaper. Transportation costs are 10% higher, with an index of 110. Healthcare costs are 20% higher, with an index of 120. Miscellaneous expenses, such as entertainment and personal care, are 15% higher, with an index of 115. These figures highlight the overall higher cost of living in Lincolnwood, IL, compared to the national average.
