South Elgin, IL, shows a cost of living index that is slightly below the nationwide average. Housing costs 13% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are nearly on par with or slightly higher than the national average. This suggests that South Elgin may offer more affordable housing with a balanced cost of living in other areas.
The housing index at 87% represents a notable 13% reduction from the national average of 100. In contrast, utilities stand at 105%, indicating a 5% increase. Groceries, transportation, healthcare, and miscellaneous costs hover around 94% to 102%, each within 4% of the nationwide average. This balanced distribution points to South Elgin's manageable living expenses for potential residents.
The cost of living in South Elgin, IL, varies slightly from the nationwide average, which is set at 100. When looking at housing, South Elgin scores a 87 on the cost of living index, which means it is about 13% cheaper than the national average. This makes it an attractive option for those seeking more affordable housing.
Utilities in South Elgin stand at 105 on the index, indicating a 5% increase over the national average. While this is slightly higher, it is not a significant deviation. Groceries are relatively close to the average, with an index of 96, suggesting a modest 4% increase in costs. Transportation costs at 94 are 6% below the national average, offering some savings to residents. Healthcare and miscellaneous costs are also close to the average, with indexes of 98 and 102, respectively. Overall, South Elgin presents a cost of living that is mostly competitive with or slightly below the nationwide average, making it a feasible choice for many job seekers.
