Minooka, IL, has a lower cost of living compared to the nationwide average. Specifically, the overall cost of living index in Minooka stands at 95, which is 5% below the average of 100. This suggests that residents in Minooka can expect to spend slightly less on their living expenses than the average American.
Breaking down the categories, Minooka offers more affordable housing with an index of 92, which is 8% lower than the nationwide average. Groceries are also more budget-friendly, with an index of 95, which is 5% below average. Even utilities, transportation, healthcare, and miscellaneous expenses remain competitive, all showing indices between 94 and 101. This data makes Minooka an attractive option for those looking to manage living costs effectively.
The cost of living index in Minooka, Illinois, is slightly lower than the nationwide average, making it an attractive option for many people. Housing costs in Minooka are 8% lower than the average, with an index of 92. This means that housing expenses such as rent and mortgage payments tend to be more affordable compared to the rest of the country.
Other categories also reflect affordability. Grocery prices in Minooka are at 95, just 5% below the average. Utilities come in at 101, showing a minor increase of 1% above average. Transportation costs, another important factor, are 3% lower than the nationwide average, with an index of 97. Healthcare costs are very close to the average, with an index of 98, indicating a negligible difference. Miscellaneous expenses stand at 94, which is 6% below the average. Overall, Minooka offers a cost of living that is competitive, making it a smart choice for budget-conscious individuals.
