The cost of living index in Wauconda, IL, is higher than the nationwide average. Housing costs 10% more, while utilities are 5% higher. Groceries, transportation, healthcare, and miscellaneous costs are slightly lower or about the same as the national average.
Overall, Wauconda's cost of living is around 7% higher than the national average. This data shows that living in Wauconda may involve higher expenses, especially for housing and utilities, compared to the average U.S. city.
The cost of living in Wauconda, IL, presents a mixed picture when compared to the nationwide average, which is indexed at 100. Notably, the housing index in Wauconda stands at 110, indicating that housing costs are 10% higher than the national average. This suggests that potential residents may need to budget accordingly if they are considering purchasing or renting property in this area.
In contrast, the cost of groceries in Wauconda is slightly below the national average, with an index of 95. This means that grocery expenses are 5% lower than what most people pay across the country. Transportation costs also align closely with the national average, with an index of 98, showing only a minor deviation. Other costs, such as utilities and healthcare, are marginally higher, with indices of 105 and 102, respectively. Miscellaneous expenses, however, mirror the national average exactly, with an index of 100. Overall, Wauconda offers a varied cost of living that may appeal to different individuals based on their spending priorities.