Sycamore, IL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Sycamore stands at 93, which is 7% lower than the national average of 100. This makes Sycamore a more affordable place to live in terms of housing, utilities, and miscellaneous expenses. However, the cost of groceries and healthcare in Sycamore is close to the national average, with indices at 95 and 98, respectively.
Sycamore, IL, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Sycamore stands at 92, which is 8% below the average of 100. This lower index suggests that residents can expect to spend less on their overall living expenses compared to the national average. Housing, in particular, is 15% cheaper in Sycamore, with an index of 85, making it a more affordable option for those looking to settle in this area.
When examining specific categories, Sycamore's groceries cost 95, which is 5% below the national average. Utilities also follow a similar trend, with an index of 90, indicating a 10% cost reduction. Transportation costs remain on par with the national average, with an index of 100, offering no significant advantage or disadvantage. Healthcare costs in Sycamore are slightly below the average, with an index of 98, representing a 2% reduction. Miscellaneous expenses also show a modest decrease, with an index of 92, which is 8% lower than the national average. Overall, Sycamore provides a cost-effective living environment with several categories below the national average.
