Northlake, IL, displays a higher cost of living compared to the nationwide average. The overall cost of living index stands at 110.4, reflecting an 10.4% increase over the national average of 100. This includes higher expenses in housing, utilities, and healthcare, which all exceed the 100 index mark, indicating notable increases in these areas.
Northlake, IL, shows a higher cost of living in certain areas compared to the nationwide average, which is set at 100. Housing costs stand out with an index of 130, meaning housing in Northlake is 30% more expensive than the national average. This higher cost can significantly impact the budget of someone looking to buy or rent a home in the area.
Apart from housing, groceries in Northlake are also 5% more expensive, with an index of 105. Utilities follow closely behind with a 10% increase, totaling 110. Healthcare costs are up by 15%, making the index 115. Transportation, however, is slightly more affordable, with an index of 95, meaning it is 5% cheaper than the average. Miscellaneous expenses are close to the national average at 102, showing a minor increase of 2%. Overall, job seekers should consider these differences when planning their move to Northlake.
