Westmont, IL, presents a higher cost of living compared to the nationwide average, with an overall cost of living index of 102. This means that, on average, residents will spend 2% more to maintain their lifestyle here. Housing is the most significant expense, with a cost of 20% above the national average. Groceries and utilities also exceed the average, while transportation and healthcare costs are relatively lower, and miscellaneous expenses match the national average.
Westmont, IL has a higher cost of living than the nationwide average in several key areas. Housing costs stand at 120, meaning they are 20% higher than the national average. This increase can be significant, especially for those new to the area or on a fixed income. Groceries, on the other hand, are slightly lower than the average, with an index of 95, which represents a 5% decrease. This small relief in grocery costs may partially offset the higher housing expenses for some residents.
Utilities in Westmont are about 5% higher than the nationwide average, with an index of 105. This modest increase, while noticeable, is less impactful compared to housing costs. Transportation costs are 10% below the average, with an index of 90, offering a bit of financial relief. Healthcare costs in Westmont are 10% above the average at 110, which could be a factor to consider for families or individuals with medical needs. Miscellaneous expenses align with the national average at 100, providing no additional cost burden in this category. Overall, Westmont's cost of living presents a mixed picture with some areas being notably higher and others offering slight savings.
