Streamwood, IL, offers a cost of living slightly below the nationwide average. The overall cost of living index for Streamwood stands at 98, which is 2% less than the national average of 100. This modest difference indicates that residents may find certain expenses, such as housing and utilities, more affordable compared to the average American.
Specifically, housing costs in Streamwood are 2% below the average, while utilities are 8% lower. Groceries, however, are slightly higher at 4%, and miscellaneous costs are 2% above the national average. This balanced mix makes Streamwood an attractive option for those looking to manage their expenses effectively.
Streamwood, IL, offers a cost of living that is slightly below the nationwide average. The housing index stands at 98, which means that housing costs in Streamwood are 2% less than the national average. This makes it a more affordable option for those looking to settle in the area. Additionally, the utilities index is 92, indicating that residents can expect to pay 8% less for utilities compared to the average American.
When it comes to groceries, Streamwood has an index of 104, which is 4% higher than the national average. This suggests that grocery expenses might be slightly higher here. However, the transportation index is 95, meaning that transportation costs are 5% lower than the nationwide average. Healthcare costs in Streamwood are comparable to the national average, with an index of 98, showing a minimal difference in expenses. Overall, Streamwood provides a balanced cost of living with some areas being more affordable and others slightly higher.
