Wilmington, IL, has a cost of living index that is slightly below the nationwide average. With an overall index of 95, it indicates that living expenses are generally more affordable in Wilmington. Housing costs, for example, are 10% lower than the national average, and groceries are just 5% below the average, making it a budget-friendly place to live.
The cost of living in Wilmington, IL, provides a balanced perspective for professional job seekers considering relocation. Wilmington's overall cost of living index stands at 95, which is 5% lower than the nationwide average of 100. This modest decrease suggests that expenses for housing, groceries, transportation, and miscellaneous items are slightly less than what one might find in other areas across the country.
Wilmington's housing costs, indexed at 90, are notably lower, with a 10% reduction compared to the national average. Groceries, at 95, show a small increase but remain affordable. Utilities in Wilmington are slightly higher, at 105, which is 5% above the national average. Transportation costs are at 97, only 3% lower, indicating that commuting expenses are relatively close to the national norm. Healthcare costs remain consistent with the national average at 100, while miscellaneous costs are also slightly lower, indexed at 92, reflecting a 8% decrease. This combination of costs makes Wilmington an attractive option for those seeking a lower overall cost of living without sacrificing essential services.
