Morton Grove, IL, has a higher cost of living compared to the nationwide average. The overall cost of living index in Morton Grove is 106, which is 6% higher than the national average of 100. This increase is primarily driven by housing costs, which are 20% higher than the national average.
While other categories like groceries and transportation also show slight increases, healthcare and utilities remain close to the national average. Job seekers should consider these factors when evaluating living expenses in Morton Grove.
The cost of living in Morton Grove, IL, shows some variations compared to the nationwide average. Housing costs are notably higher, with an index of 120. This means housing expenses in Morton Grove are 20% higher than the national average. For job seekers, this could mean budgeting more for rent or mortgage payments.
Other areas also show differences. Groceries in Morton Grove have an index of 105, which is 5% higher than the national average. Utilities are slightly lower, with an index of 95, meaning they are 5% cheaper. Transportation costs are 10% higher, with an index of 110. Healthcare costs remain at par with the national average at 100. Miscellaneous expenses are also slightly higher, at 102, which is a 2% increase. Overall, Morton Grove presents a mixed picture with some areas being more expensive and others slightly cheaper.