Gurnee, IL Cost Of Living
Cost Of Living In Gurnee, IL Summary
Cost of living in Gurnee 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 Gurnee 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 Gurnee is 117, with 100 being the average.
The cost of living index in Gurnee is 1.2x higher than the national average.
Gurnee ranks as the #262 cheapest in Illinois out of 336.
Gurnee ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Gurnee is $364,831.
The median income in Gurnee is $121,410.
Table Of Contents
Gurnee's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gurnee, IL?
According to the most recent data on the cost of living, Gurnee has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Illinois, Gurnee has a cost of living index that's 1.2x higher than Illinois's index of 97.
The standard of living in Gurnee ranks as #262 most affordable out of the 336 places we measured in Illinois. By definition, that implies Gurnee ranks as the #74 most expensive place in the Prairie State.
For more reading on life in Gurnee, check out:
In Illinois
In America
Gurnee Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Gurnee. Here is how it fairs on each of the criteria:
The Services index in Gurnee is 107.
The Groceries index in Gurnee is 103.
The Health index in Gurnee is 109.
The Housing index in Gurnee is 142.
The Transportation index in Gurnee is 106.
The Utilities index in Gurnee is 91.
| Living Expense | Gurnee | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 117 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 142 | 95 | 100 | |
| Transportation | 106 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
Gurnee, 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 Gurnee is $364,831.
The Median Rent in Gurnee is $1,594.
The Median Income in Gurnee is $121,410.
The Home Value To Income in Gurnee is 3.0x.
The Rent To Monthly Income in Gurnee is 0.16x.
Median Home Value
Median Rent
Median Income
Gurnee, IL Costs By Category
Detailed Gurnee Services Costs Vs. Illinois
Detailed Gurnee Groceries Costs Vs. Illinois
Detailed Gurnee Health Costs Vs. Illinois
Detailed Gurnee Transportation Costs Vs. Illinois
Detailed Gurnee Utilities Costs Vs. Illinois
Gurnee SnackAbility
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Cost Of Living In Cities Around Gurnee
The cost of living varies in the cities and towns around Gurnee. Here's a quick look at the cost of living in the most populous nearby places:
Waukegan, IL has a cost of living index of 97, 0.8x Gurnee.
Arlington Heights, IL has a cost of living index of 124, 1.1x Gurnee.
Buffalo Grove, IL has a cost of living index of 125, 1.1x Gurnee.
| City | Population | Cost Of Living | Vs. Gurnee |
|---|---|---|---|
| Waukegan, IL | 88,919 | 97 | 0.8x |
| Arlington Heights, IL | 76,220 | 124 | 1.1x |
| Buffalo Grove, IL | 42,824 | 125 | 1.1x |
| Northbrook, IL | 34,642 | 153 | 1.3x |
| North Chicago, IL | 30,772 | 95 | 0.8x |
| Highland Park, IL | 30,229 | 148 | 1.3x |
| Grayslake, IL | 20,707 | 113 | 1.0x |
| Lake Zurich, IL | 19,727 | 127 | 1.1x |
| Deerfield, IL | 19,185 | 148 | 1.3x |
| Lindenhurst, IL | 14,365 | 114 | 1.0x |
