The cost of living in Round Lake Beach, IL, is notably lower than the nationwide average. Housing costs 10% less, groceries 5% less, transportation 8% less, and miscellaneous items 3% less. Utilities and healthcare costs are on par with the national average. This makes Round Lake Beach a more affordable option for job seekers looking to balance expenses with quality of life.
The cost of living in Round Lake Beach, IL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Round Lake Beach stand at 90, indicating that residents can expect to pay 10% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to settle in the area.
Additionally, the cost of groceries in Round Lake Beach is slightly higher than the national average, with an index of 95. This means that grocery prices are 5% lower than the nationwide average. Utilities, however, match the national average at 100, suggesting no additional cost burden in this area. Transportation costs are also slightly lower, with an index of 92, reflecting a savings of 8% compared to the national average. Healthcare costs are nearly on par with the national average at 98, indicating a minimal difference in expenses. Miscellaneous costs, with an index of 97, show a 3% reduction compared to the national average. Overall, Round Lake Beach offers a cost of living that is competitive and often more affordable than the national average.