Sterling, IL, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Sterling stands at 88, which is 12% below the national benchmark of 100. This reduction in cost is particularly evident in housing, where the index is 22% lower than the average.
Professionals relocating to Sterling can expect to save on housing expenses while still enjoying a quality of life that meets or exceeds national standards in other areas such as groceries, utilities, transportation, healthcare, and miscellaneous costs.
Sterling, IL, offers a cost of living that is notably lower than the nationwide average. The housing index in Sterling stands at 78, which is 22% below the national average of 100. This means that housing expenses in Sterling are significantly more affordable, making it an attractive option for those looking to save on their living costs. Additionally, the transportation index is 86, which is 14% below the average, indicating that commuting and vehicle-related expenses are also more budget-friendly in Sterling.
When considering other living expenses, Sterling continues to maintain a lower cost of living. The utilities index is 90, just 10% below the national average, suggesting that residents can expect to pay slightly less for essential services like electricity and water. Groceries, with an index of 92, are only 8% below the average, meaning that food costs are nearly on par with the national average. Healthcare costs are slightly higher, with an index of 95, which is 5% above the average, but still relatively affordable. Overall, Sterling provides a cost-effective living environment with most expenses falling below the national average.