Wilmington, IL, offers a favorable cost of living compared to the nationwide average, which stands at 100. Specifically, Wilmington's overall cost of living index is 94. This indicates that residents in Wilmington generally pay about 6% less for their daily expenses compared to the national average.
Breaking it down, housing is 5% cheaper in Wilmington, groceries are only 2% less, and utilities cost about 10% less. Transportation expenses are 8% lower, while healthcare costs are 11% lower. Miscellaneous expenses are just 3% less than the nationwide average.
Wilmington, IL, shows a cost of living index that closely matches the nationwide average. Housing costs, for instance, are at 95, just 5% below the average. This makes finding an affordable home easier for those who move to Wilmington. Groceries, another essential expense, have a cost of living index of 98, which is slightly higher than the average. Job seekers might find that their grocery bills are closer to what they expect, but only marginally so.
Utilities in Wilmington are at 90, which means they cost 10% less than the national average. This reduction can be a significant relief for those managing their budgets. Transportation costs in Wilmington are at 92, just 8% below the average. This makes daily commutes more affordable. Healthcare costs are slightly lower in Wilmington at 89, which is 11% below the average. This can be a big plus for families looking to save on medical expenses. Miscellaneous costs, like entertainment and personal care, stand at 97, which is 3% below the average. Overall, Wilmington offers a cost of living that is quite competitive with the national average.
