Cost of living in Hawthorn Woods 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 Hawthorn Woods 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 Hawthorn Woods is 167, with 100 being the average.
The cost of living index in Hawthorn Woods is 1.7x higher than the national average.
Hawthorn Woods ranks as the #325 cheapest in Illinois out of 336.
Hawthorn Woods ranks as the #6,016 cheapest out of 6,489 in the US.
The median home value in Hawthorn Woods is $720,014.
The median income in Hawthorn Woods is $238,114.
According to the most recent data on the cost of living, Hawthorn Woods has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.
Compared to Illinois, Hawthorn Woods has a cost of living index that's 1.7x higher than Illinois's index of 97.
The standard of living in Hawthorn Woods ranks as #325 most affordable out of the 336 places we measured in Illinois. By definition, that implies Hawthorn Woods ranks as the #11 most expensive place in the Prairie State.
For more reading on life in Hawthorn Woods, check out:
Six factors go into calculating the cost of living index in Hawthorn Woods. Here is how it fairs on each of the criteria:
The Services index in Hawthorn Woods is 109.
The Groceries index in Hawthorn Woods is 106.
The Health index in Hawthorn Woods is 110.
The Housing index in Hawthorn Woods is 313.
The Transportation index in Hawthorn Woods is 106.
The Utilities index in Hawthorn Woods is 90.
| Living Expense | Hawthorn Woods | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 167 | 97 | 100 | |
| Services | 109 | 95 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 110 | 93 | 100 | |
| Housing | 313 | 95 | 100 | |
| Transportation | 106 | 102 | 100 | |
| Utilities | 90 | 91 | 100 | |
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 Hawthorn Woods is $720,014.
The Median Rent in Hawthorn Woods is -.
The Median Income in Hawthorn Woods is $238,114.
The Home Value To Income in Hawthorn Woods is 3.0x.
The Rent To Monthly Income in Hawthorn Woods is nanx.
| Statistic | Hawthorn Woods | Illinois | United States |
|---|---|---|---|
| Median Home Value | $720,014 | $283,508 | $303,400 |
| Median Rent | - | $1,227 | $1,348 |
| Median Income | $238,114 | $81,702 | $78,538 |
| Home Value To Income | 3.0x | 3.5x | 3.9x |
| Rent To Monthly Income | nanx | 0.18x | 0.21x |
| Item | Hawthorn Woods | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
| Item | Hawthorn Woods | Illinois |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
| Item | Hawthorn Woods | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
| Item | Hawthorn Woods | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
| Item | Hawthorn Woods | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
The cost of living varies in the cities and towns around Hawthorn Woods. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 124, 0.7x Hawthorn Woods.
Glenview, IL has a cost of living index of 149, 0.9x Hawthorn Woods.
Buffalo Grove, IL has a cost of living index of 125, 0.7x Hawthorn Woods.
| City | Population | Cost Of Living | Vs. Hawthorn Woods |
|---|---|---|---|
| Arlington Heights, IL | 76,220 | 124 | 0.7x |
| Glenview, IL | 47,682 | 149 | 0.9x |
| Buffalo Grove, IL | 42,824 | 125 | 0.7x |
| Bartlett, IL | 40,531 | 122 | 0.7x |
| Park Ridge, IL | 39,241 | 138 | 0.8x |
| Northbrook, IL | 34,642 | 153 | 0.9x |
| Mundelein, IL | 31,632 | 114 | 0.7x |
| Highland Park, IL | 30,229 | 148 | 0.9x |
| Lake Zurich, IL | 19,727 | 127 | 0.8x |
| Deerfield, IL | 19,185 | 148 | 0.9x |