Nashville, IL, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 89, which is 11% below the average of 100. This means that, on average, residents in Nashville can expect to spend less on most living expenses compared to the national average.
Specifically, housing costs 15% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are also below the national average, though by smaller margins. These figures make Nashville an attractive option for those looking to reduce their living costs.
Nashville, IL, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Nashville are 85, which means they are 15% lower than the national average. This makes housing a more affordable option for those considering a move to Nashville. Additionally, the cost of groceries stands at 95, indicating a 5% increase over the national average. While this is slightly higher, it remains relatively close to the average, making it manageable for most budgets.
Utilities in Nashville are priced at 90, which is 10% below the national average. This reduction in utility costs can lead to significant savings for residents. Transportation costs are at 88, which is 12% lower than the national average, offering another area where residents can save money. Healthcare costs are 92, just 8% above the national average, ensuring that essential medical services remain accessible. Miscellaneous costs, at 87, are 13% below the national average, providing further savings opportunities. Overall, the cost of living in Nashville, IL, offers a favorable balance of affordability and accessibility.