Marshall, IL, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Marshall stands at 85, which is 15% below the national average of 100. This reduction is particularly noticeable in housing, where the index is 78, indicating a significant savings for residents.
In addition to housing, other categories such as groceries, utilities, and healthcare also show lower costs. Groceries have an index of 90, utilities at 92, and healthcare at 88. These figures suggest that living in Marshall, IL, can be more affordable for job seekers looking to balance their budget effectively.
Marshall, IL, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Marshall stand at 78, indicating that residents can expect to pay 22% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Marshall, as it provides more affordability in one of the largest monthly expenses.
In addition to housing, other cost categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect lower costs in Marshall. Groceries cost 90, which is 10% below the national average. Utilities are priced at 92, just 2% above average. Transportation costs are 85, which is 15% lower than the national average. Healthcare costs are 88, 12% below the average, and miscellaneous expenses are 82, 18% less than the national average. These figures collectively show that Marshall offers a more affordable lifestyle in multiple key areas compared to the national average.