Washington, IL, has a cost of living index slightly below the nationwide average. With an overall index of 93, it indicates that residents generally spend less than the national average across various categories. Housing is the most affordable at 90, while utilities and healthcare closely match the average.
The housing index at 90 is the most notable difference, offering significant savings compared to the 100 baseline. Groceries, utilities, transportation, healthcare, and miscellaneous costs also stay below the national average, ensuring Washington, IL, provides a more budget-friendly living experience overall.
The cost of living index in Washington, IL, offers a detailed look at how expenses compare to the nationwide average, which is set at 100. For housing, Washington’s index stands at 90, indicating that living costs here are 10% lower than the national average. This lower housing expense can be a significant advantage for those looking to save on their monthly budget.
In other areas, Washington's cost of living index also presents favorable comparisons. Groceries have an index of 95, suggesting a modest 5% lower cost than the national average. Utilities are slightly above average, with an index of 98, indicating a minimal 2% increase. Transportation costs are at 92, which means they are 8% less than the average. Healthcare, with an index of 97, remains close to the national average, just 3% below. Miscellaneous costs also reflect a slight decrease at 93, which is 7% lower than average. Overall, Washington provides a balanced living experience with most costs below the national average, making it an attractive option for cost-conscious individuals.