Nashville, IL, presents a cost of living index that is slightly below the nationwide average. The overall index stands at 91, reflecting a 9% decrease from the national benchmark of 100. This modest reduction is primarily driven by lower housing costs, which are 12% below the average. Despite this, other categories like groceries and utilities remain close to the national average, making Nashville a relatively affordable place to live.
Nashville, IL, presents a cost of living that is slightly below the nationwide average. The housing index in Nashville stands at 88, which is 12% lower than the national average of 100. This suggests that housing costs in Nashville are more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, the groceries index in Nashville is 94, which is 4% lower than the national average. This indicates that grocery shopping in Nashville is slightly cheaper compared to the average U.S. city. The utilities index is 97, just 3% below the national average, showing that utility costs remain close to the national standard. Transportation costs in Nashville are at 92, which is 8% lower, offering some savings for those who commute regularly. Healthcare costs are at 90, which is 10% below the national average, potentially making healthcare more affordable for residents. Lastly, the miscellaneous index is 85, indicating a 15% reduction in costs for other expenses. Overall, Nashville provides a cost of living that is generally favorable for those seeking a more affordable lifestyle.