The cost of living index in Norridge, IL, shows a varied landscape when compared to the nationwide average, which is set at 100. Notably, housing costs are 15% higher, reflecting the higher expenses in this category. Utilities and transportation also surpass the national average by 5% and 10%, respectively.
Overall, while Norridge presents a somewhat elevated cost of living in specific areas, it remains competitive in others, offering a balanced picture for potential residents and job seekers.
Norridge, IL, presents a cost of living that varies slightly from the nationwide average. The housing index in Norridge stands at 115, indicating that housing costs are 15% higher than the national average. This means that individuals in Norridge may spend a noticeable amount more on rent or mortgage payments compared to the average American.
When it comes to groceries, Norridge has an index of 98, meaning that grocery expenses are 2% lower than the national average. For utilities, the index is at 105, which is 5% higher than the nationwide figure. Transportation costs are also slightly elevated, with an index of 110, reflecting a 10% increase over the average. Healthcare costs in Norridge have an index of 102, slightly higher by 2%. Finally, miscellaneous expenses show an index of 105, which is a 5% increase. Overall, Norridge residents can anticipate a mix of both higher and lower costs in various areas when compared to the national average.