Round Lake Beach, IL, shows a cost of living below the nationwide average in several categories. The housing index stands at 87, which is 13% lower than the national average of 100. Other expenses like groceries and utilities are slightly lower or higher, but most fall close to the national benchmark.
Specifically, the groceries index is 95, showing a modest 5% below the average. Transportation costs are 90, which is 10% less. Healthcare costs are 98, only 2% below average, and miscellaneous expenses stand at 92, showing a minor 8% decrease. Overall, Round Lake Beach offers a cost-effective living environment compared to the national average.
Round Lake Beach, Illinois, exhibits a cost of living index that is slightly below the nationwide average. With a cost of living index of 100, the nationwide average sets a benchmark for comparison. In Round Lake Beach, housing costs stand at 87, suggesting that residents pay about 13% less than the national average for housing. This reduction in housing costs may appeal to individuals looking to minimize their living expenses.
The miscellaneous category in Round Lake Beach has a cost of living index of 92, which is 8% lower than the national average. Groceries in the area are also slightly affordable, with an index of 95, only 5% below the average. Utilities and healthcare both closely match the national index, with utilities at 102 and healthcare at 98, showing minor variations. Transportation costs are at 90, indicating a 10% lower expense compared to the national average. This comprehensive overview suggests that Round Lake Beach offers a cost of living that is generally favorable for residents.