The cost of living index in Paris, IL, stands at 89, which is 11% below the nationwide average. This lower cost of living makes Paris an attractive option for job seekers looking to maximize their purchasing power. The housing index at 85 and transportation at 87 are the most significant contributors to this lower overall cost.
Paris, IL, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Paris stands at 85, indicating that housing costs are 15% lower than the national average. This makes it a more affordable option for those looking to settle in the area. Additionally, the groceries index is at 90, meaning that grocery expenses are only 10% below the average, making it a relatively economical choice for food shopping.
Transportation costs in Paris, IL, are also slightly below the national average, with an index of 87. This represents a 13% reduction in transportation costs compared to the nationwide average. Healthcare costs are slightly above average, with an index of 92, indicating a 2% increase. Utilities and miscellaneous costs also reflect a modest increase, with indices of 95 and 88, respectively. These figures show that while Paris, IL, offers savings in some areas, others are close to or slightly above the national average.