Savoy, IL, presents a favorable cost of living compared to the nationwide average of 100. The housing index at 106 indicates slight increases in living expenses, but this is offset by lower costs in groceries at 95 and utilities at 98. This balance suggests Savoy could be an economical choice for those considering relocation.
Overall, Savoy's cost of living index stands at 99. This figure reflects minor adjustments in various categories, making Savoy a competitive option for individuals seeking a stable and affordable living environment. The minor variations in housing and utilities, while still competitive, ensure that Savoy remains close to the national average, offering a balanced living experience.
Savoy, IL, offers a cost of living that is slightly higher than the nationwide average. Housing in Savoy costs 6% more than the national average. This means if the average cost of housing is considered 100, Savoy residents pay 106 for housing. Groceries in Savoy are priced at 95, which is 5% less than the national average.
Utilities and transportation also show minor differences from the nationwide average. Utilities in Savoy are 2% below the average at 98, while transportation costs are only 3% below the average at 97. Healthcare costs are exactly on par with the national average, clocking in at 100. Miscellaneous costs in Savoy are slightly higher, at 2% above the average with a cost index of 102. Overall, Savoy offers a balanced cost of living with some areas slightly higher or lower than the national norms.
