The cost of living in Round Lake, IL, exceeds the nationwide average in several key areas. Housing, for instance, stands at 20% higher than the national average, while groceries and miscellaneous costs are 5% and 10% above the average, respectively. Utilities and transportation are slightly below the national average, with utilities at 5% less and transportation at 10% less. Healthcare costs align with the national average.
The cost of living in Round Lake, IL, shows some notable differences compared to the nationwide average. Housing costs in Round Lake are 20% higher than the national average, with an index of 120. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive here. For groceries, the cost is slightly above the average, at 5% higher, with an index of 105. This indicates that buying food and household items costs a bit more in Round Lake.
Utilities in Round Lake are 5% lower than the national average, with an index of 95. This suggests that residents might find some savings on their bills for electricity, gas, and water. Transportation costs are also 10% lower, with an index of 90, making it cheaper to get around. Healthcare costs remain at par with the national average, with an index of 100. Miscellaneous expenses, however, are 10% higher, with an index of 110. This includes costs for items like clothing, entertainment, and personal care. Overall, while some areas show higher costs, others offer savings, making Round Lake a mixed-cost location.