Sterling, IL, offers a lower cost of living compared to the nationwide average, which is set at 100. The overall cost of living index in Sterling is 88, reflecting a 12% reduction from the national average. This makes Sterling an attractive option for those seeking more affordable living expenses. Housing costs in Sterling are 20% lower than the national average, with an index of 80. This significant reduction can help individuals and families save on their monthly expenses.
Sterling, IL, offers a cost of living that is notably lower than the nationwide average. The housing index in Sterling stands at 80, which is 20% below the national average. This means that housing expenses in Sterling are significantly cheaper, making it an attractive option for individuals and families looking to save on their monthly budgets.
Additionally, the grocery index in Sterling is 92, which is 2% below the national average. This slight decrease in grocery costs adds to the overall affordability of living in Sterling. Utilities in Sterling are priced at 95, which is 5% below the national average, providing another area where residents can expect to spend less. Transportation costs are also favorable, with an index of 88, which is 12% below the national average. These lower costs can make a significant difference in the overall budget for those relocating to Sterling.