Fox Lake, IL Cost Of Living
Cost Of Living In Fox Lake, IL Summary
Cost of living in Fox Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fox Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fox Lake is 101, with 100 being the average.
The cost of living index in Fox Lake is 1.0x higher than the national average.
Fox Lake ranks as the #152 cheapest in Illinois out of 336.
Fox Lake ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Fox Lake is $247,658.
The median income in Fox Lake is $69,896.
Table Of Contents
Fox Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fox Lake, IL?
According to the most recent data on the cost of living, Fox Lake has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Illinois, Fox Lake has a cost of living index that's 1.0x higher than Illinois's index of 97.
The standard of living in Fox Lake ranks as #152 most affordable out of the 336 places we measured in Illinois. By definition, that implies Fox Lake ranks as the #184 most expensive place in the Prairie State.
For more reading on life in Fox Lake, check out:
In Illinois
In America
Fox Lake Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Fox Lake. Here is how it fairs on each of the criteria:
The Services index in Fox Lake is 107.
The Groceries index in Fox Lake is 102.
The Health index in Fox Lake is 109.
The Housing index in Fox Lake is 102.
The Transportation index in Fox Lake is 107.
The Utilities index in Fox Lake is 87.
| Living Expense | Fox Lake | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 101 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 102 | 95 | 100 | |
| Transportation | 107 | 102 | 100 | |
| Utilities | 87 | 91 | 100 | |
Fox Lake, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Fox Lake is $247,658.
The Median Rent in Fox Lake is $1,059.
The Median Income in Fox Lake is $69,896.
The Home Value To Income in Fox Lake is 3.5x.
The Rent To Monthly Income in Fox Lake is 0.18x.
Median Home Value
Median Rent
Median Income
Fox Lake, IL Costs By Category
Detailed Fox Lake Services Costs Vs. Illinois
Detailed Fox Lake Groceries Costs Vs. Illinois
Detailed Fox Lake Health Costs Vs. Illinois
Detailed Fox Lake Transportation Costs Vs. Illinois
Detailed Fox Lake Utilities Costs Vs. Illinois
Fox Lake SnackAbility
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Cost Of Living In Cities Around Fox Lake
The cost of living varies in the cities and towns around Fox Lake. Here's a quick look at the cost of living in the most populous nearby places:
Mundelein, IL has a cost of living index of 114, 1.1x Fox Lake.
Gurnee, IL has a cost of living index of 117, 1.2x Fox Lake.
Vernon Hills, IL has a cost of living index of 125, 1.2x Fox Lake.
| City | Population | Cost Of Living | Vs. Fox Lake |
|---|---|---|---|
| Mundelein, IL | 31,632 | 114 | 1.1x |
| Gurnee, IL | 30,486 | 117 | 1.2x |
| Vernon Hills, IL | 26,772 | 125 | 1.2x |
| Libertyville, IL | 20,493 | 135 | 1.3x |
| Lake Zurich, IL | 19,727 | 127 | 1.3x |
| Lindenhurst, IL | 14,365 | 114 | 1.1x |
| Hawthorn Woods, IL | 9,145 | 167 | 1.7x |
| Lake Villa, IL | 8,707 | 114 | 1.1x |
| Long Grove, IL | 8,266 | 178 | 1.8x |
| Johnsburg, IL | 6,374 | 112 | 1.1x |
