Savoy, IL, presents a cost of living index that is 94% of the nationwide average. This means that, overall, living expenses in Savoy are slightly lower than the national average. The housing index at 85% indicates that housing costs are notably cheaper, while utilities at 105% are slightly higher. Groceries, transportation, healthcare, and miscellaneous costs are all close to the national average, making Savoy a balanced option for those looking to manage their living expenses effectively.
Savoy, IL, presents a cost of living that is generally lower than the nationwide average, which is set at 100. The housing index in Savoy stands at 85, indicating that housing costs are 15% lower than the national average. This makes Savoy an attractive option for those looking to save on housing expenses without sacrificing quality of life.
In addition to housing, the grocery index in Savoy is 95, which is 5% lower than the national average. This suggests that residents can find affordable food options, making everyday living more budget-friendly. Utilities in Savoy are priced at 105, slightly above the national average, but the overall cost of living remains competitive. Transportation costs are at 90, which is 10% lower than the national average, offering another area where residents can save money. Healthcare costs in Savoy are on par with the national average at 100, ensuring that medical expenses do not significantly impact the budget. Lastly, the miscellaneous index is 92, which is 8% lower than the national average, providing additional savings across various other expenses.
