Sycamore, IL, boasts a cost of living index that slightly undercuts the nationwide average. Specifically, the cost of living in Sycamore stands at 93.8, which is 6.2% below the national benchmark of 100. This makes Sycamore an attractive location for individuals seeking more affordable living expenses without sacrificing quality.
Comparing each category, Sycamore’s housing costs are 10% lower than the national average, while groceries, healthcare, and miscellaneous expenses are only slightly lower. Utilities and transportation costs are very close to the national average, making Sycamore an economically efficient choice for potential residents.
The cost of living in Sycamore, IL, presents a favorable comparison to the nationwide average, with several key categories reflecting lower expenses for residents. Housing costs in Sycamore are 10% below the national average, making it an attractive option for those seeking affordability without sacrificing quality of life. Similarly, groceries in Sycamore cost about 5% less than the national average, providing additional savings for everyday living expenses.
Utilities, transportation, healthcare, and miscellaneous expenses also show a positive trend. Utilities cost 2% less, transportation expenses are 8% lower, healthcare costs are 7% below the national average, and miscellaneous expenses are 3% less. Overall, Sycamore's cost of living index stands at 94, which means residents can enjoy a lower cost of living in multiple areas, making it an appealing location for budget-conscious job seekers.
