The cost of living index in Rantoul, IL, shows that residents generally spend less than the nationwide average across various categories. Housing costs are 12% below the national average, with a cost of living index of 88. Groceries cost 5% less at 95, and utilities are 8% lower at 92.
Transportation costs in Rantoul are 10% under the national average at 90, while healthcare costs slightly exceed the national average by 7% at 97. Miscellaneous expenses are 15% below the national average, with an index of 85. Overall, residents can expect to spend less in several areas compared to the national average.
The cost of living index in Rantoul, Illinois, is a bit lower than the nationwide average of 100. This is true for several key areas. For instance, housing costs in Rantoul stand at 88, meaning they are 12% below the national average. This difference can make a significant impact for people looking to buy or rent a home.
In addition to housing, other expenses in Rantoul also reflect this trend. Groceries, utilities, and transportation show costs at 95, 92, and 90, respectively. These figures are close to the average, with groceries being just 5% below average and utilities and transportation also under 10% below. Healthcare costs slightly exceed the national average at 97, which is a modest 3% increase. On the other hand, miscellaneous expenses are 15% below the national average at 85. Overall, Rantoul offers a relatively affordable living environment for many essential expenses.