The cost of living index in Rantoul, IL, is notably lower than the nationwide average, which is 100. Specifically, the overall cost of living in Rantoul stands at 86, reflecting a 14% reduction compared to the national average. This lower cost of living makes Rantoul an attractive option for job seekers looking to maximize their purchasing power.
The cost of living in Rantoul, IL, presents a favorable comparison to the nationwide average. The housing index in Rantoul stands at 77, which is 23% lower than the average cost of living. This suggests that housing expenses in Rantoul are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Rantoul have an index of 90, which is only 10% lower than the national average. This indicates that food costs remain relatively close to the nationwide standard, offering a balanced living experience.
Transportation costs in Rantoul are slightly below the average, with an index of 89, representing a 11% decrease. This means that commuting and other transportation-related expenses are more economical in Rantoul compared to the national average. Healthcare costs also show a modest reduction, with an index of 88, which is 12% lower than the average. This can be a significant advantage for individuals and families seeking cost-effective healthcare options. Overall, the cost of living in Rantoul provides a competitive edge for those looking to manage their expenses effectively.
