The cost of living index in Round Lake Beach, IL, shows a generally favorable comparison to the nationwide average, which stands at 100. Housing costs in Round Lake Beach are 95, slightly lower than the average. Groceries, utilities, and miscellaneous costs mirror the national average closely at 98, 105, and 97, respectively. However, transportation costs are 92, and healthcare aligns perfectly with the nationwide standard at 100. Overall, the cost of living in Round Lake Beach appears reasonably competitive, with minor variations across key areas.
Job seekers considering Round Lake Beach, Illinois, may find the cost of living index both informative and reassuring. The housing index stands at 95, indicating that housing costs are 5% lower than the nationwide average. This presents an opportunity for potential residents to find more affordable homes, thereby increasing disposable income for other needs.
Furthermore, grocery costs in Round Lake Beach are slightly below average, with an index of 98, suggesting a 2% savings on food expenses. Utilities, however, run slightly higher at an index of 105, meaning they are 5% more expensive than the national average. Transportation costs are also lower, with an index of 92, providing a 8% advantage. Healthcare costs remain consistent with the national average at an index of 100, while miscellaneous expenses sit at 97, which is a 3% reduction compared to the nationwide standard. Overall, Round Lake Beach offers a cost-effective living environment with several areas where expenses are lower than the national average.