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 average of 100. This makes housing, utilities, and miscellaneous items notably more affordable, while groceries and transportation remain close to the national average.
Marshall, IL, presents a cost of living that is notably lower than the nationwide average. The housing index in Marshall stands at 78, which is 22% below the national average of 100. This suggests that housing costs in Marshall are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 90, which is 10% below the average, indicating that food costs are also relatively lower in Marshall compared to the rest of the country.
Utilities in Marshall are priced at 88, which is 12% below the average. This means that residents can expect to spend less on essential services such as electricity, water, and gas. The transportation index is slightly higher at 95, which is 5% above the average, suggesting that commuting costs are marginally higher. Healthcare costs in Marshall are at 85, which is 15% below the average, offering another area where residents can save. Finally, the miscellaneous costs index is 80, which is 20% below the average, indicating that other expenses are also more affordable in Marshall. Overall, Marshall provides a cost-effective living environment with several areas below the national average.