South Holland, IL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for South Holland stands at 95, which is 5% lower than the national average of 100. This makes it a more affordable place to live compared to the rest of the country.
Specifically, housing costs in South Holland are 10% lower, while groceries are just 5% lower than the national average. Utilities and healthcare costs are also slightly below the average, with utilities at 3% below and healthcare at 2% below. Transportation costs match the national average, and miscellaneous costs are 8% lower. This combination of costs makes South Holland an attractive option for those looking to reduce their living expenses.
The cost of living in South Holland, IL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in South Holland stand at 90, indicating that residents spend 10% less on housing compared to the national average. This lower housing index can be a significant advantage for individuals and families looking to manage their budgets effectively.
In addition to housing, other cost categories also show competitive rates. Groceries in South Holland are priced at 95, which means residents pay only 5% more than the national average. Utilities, at 97, are slightly above the average but still favorable. Healthcare costs are at 98, indicating a minimal increase of 2% compared to the national average. Transportation costs match the national average at 100, offering no change in expense. Miscellaneous costs, at 92, show that residents spend 8% less than the national average. Overall, South Holland provides a cost-effective living environment with several key expenses below the national average.
