The cost of living in Manteno, IL, is notably lower than the nationwide average. Specifically, the overall cost of living index for Manteno stands at 92, which is 8% below the national average of 100. This lower cost of living makes Manteno an attractive option for job seekers looking to maximize their purchasing power.
Housing costs in Manteno are 15% lower than the national average, with an index of 85. Groceries and utilities also show slight savings, with indexes of 95 and 90, respectively, each 5% below the average. Transportation and miscellaneous costs are close to the national average, while healthcare costs match it exactly.
The cost of living in Manteno, IL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Manteno stand at 85, indicating that residents can expect to pay 15% less than the average American. This lower housing expense can be a significant advantage for those looking to settle in Manteno, offering more financial flexibility for other living expenses.
In addition to housing, other cost categories in Manteno also compare favorably to the national average. For instance, groceries are priced at 95, meaning they are 5% less expensive than the national average. Utilities cost 90, which is 10% lower, and transportation is at 95, also 5% below the average. Healthcare costs remain at par with the national average, standing at 100. Miscellaneous expenses are at 92, which is 8% less than the nationwide average. Overall, these figures suggest that Manteno offers a cost of living that is slightly below the national average, making it an attractive option for budget-conscious individuals.