Morton, IL, shows a favorable cost of living compared to the nationwide average. The housing index stands at 85, which means housing costs are 15% lower than the average. Most other categories like groceries, utilities, and healthcare also hover just below the 100 mark, with most costs ranging between 85 and 96. This indicates that residents in Morton, IL, can expect to pay slightly less or close to the average for essential expenses.
Morton, IL, shows a cost of living index that mirrors the nationwide average in some areas while diverging in others. For instance, the housing index in Morton stands at 85, which is 15% below the national average. This means that housing costs in Morton are more affordable compared to the rest of the country. However, groceries in Morton are priced higher, with an index of 95, indicating a 5% increase over the national average.
When considering utilities, Morton residents find a slightly lower cost than the national average, with an index of 94, which translates to a 6% reduction in utility expenses. Transportation costs in Morton align closely with the nationwide index of 90, suggesting minimal variation. Healthcare costs also hover around the national average at 96, which is a 6% increase. Miscellaneous expenses, with an index of 88, are 12% lower than the national average, offering some relief in this category. Overall, Morton presents a balanced living environment with both affordable and slightly elevated costs compared to the national average.
