Cost of Living
An overall cost of living that’s 24% lower than national averages–and 40% below Chicago–makes the Greater Sterling area an affordable place to locate your business.
|Cost of living
|Median Home Cost||$92,160||$217,200||$222,960|
*Overall: The total of all the cost of living categories weighted subjectively as follows: housing (30%), food and groceries (15%), transportation (10%), utilities (6%), health care (7%), and miscellaneous expenses such as clothing, services, and entertainment (32%). State and local taxes are not included in any category.
**Miscellaneous: The cost index of those goods and services not included in the other cost of living categories, including clothing, restaurants, repairs, entertainment, and other services.
Source: Sperling’s Best Places