Lake Holiday, IL Cost Of Living
Cost Of Living In Lake Holiday, IL Summary
Cost of living in Lake Holiday 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 Lake Holiday 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 Lake Holiday is 105, with 100 being the average.
The cost of living index in Lake Holiday is 1.1x higher than the national average.
Lake Holiday ranks as the #185 cheapest in Illinois out of 336.
Lake Holiday ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Lake Holiday is $266,306.
The median income in Lake Holiday is $112,250.
Table Of Contents
Lake Holiday's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lake Holiday, IL?
According to the most recent data on the cost of living, Lake Holiday has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Illinois, Lake Holiday has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Lake Holiday ranks as #185 most affordable out of the 336 places we measured in Illinois. By definition, that implies Lake Holiday ranks as the #151 most expensive place in the Prairie State.
For more reading on life in Lake Holiday, check out:
In Illinois
In America
Lake Holiday Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Lake Holiday. Here is how it fairs on each of the criteria:
The Services index in Lake Holiday is 104.
The Groceries index in Lake Holiday is 99.
The Health index in Lake Holiday is 96.
The Housing index in Lake Holiday is 122.
The Transportation index in Lake Holiday is 116.
The Utilities index in Lake Holiday is 81.
| Living Expense | Lake Holiday | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 104 | 95 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 96 | 93 | 100 | |
| Housing | 122 | 95 | 100 | |
| Transportation | 116 | 102 | 100 | |
| Utilities | 81 | 91 | 100 | |
Lake Holiday, 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 Lake Holiday is $266,306.
The Median Rent in Lake Holiday is $1,859.
The Median Income in Lake Holiday is $112,250.
The Home Value To Income in Lake Holiday is 2.4x.
The Rent To Monthly Income in Lake Holiday is 0.2x.
| Statistic | Lake Holiday | Illinois | United States |
|---|---|---|---|
| Median Home Value | $266,306 | $283,508 | $303,400 |
| Median Rent | $1,859 | $1,227 | $1,348 |
| Median Income | $112,250 | $81,702 | $78,538 |
| Home Value To Income | 2.4x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Lake Holiday, IL Costs By Category
Detailed Lake Holiday Services Costs Vs. Illinois
| Item | Lake Holiday | Illinois |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $9.99 | $12.13 |
| Bowling | $16.0 | $18 |
| Haircut | $19.72 | $24.26 |
| Beauty Salon | $37.22 | $45.56 |
Detailed Lake Holiday Groceries Costs Vs. Illinois
| Item | Lake Holiday | Illinois |
|---|---|---|
| Ground Beef | $5.94 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.08 | $4.93 |
| Pizza | $10.69 | $12.09 |
| Beer | $9.61 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Lake Holiday Health Costs Vs. Illinois
| Item | Lake Holiday | Illinois |
|---|---|---|
| Optometrist | $86.67 | $125.68 |
| Doctor | $110.0 | $135.78 |
| Dentist | $82.0 | $113.29 |
Detailed Lake Holiday Transportation Costs Vs. Illinois
| Item | Lake Holiday | Illinois |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $45.0 | $59.92 |
Detailed Lake Holiday Utilities Costs Vs. Illinois
| Item | Lake Holiday | Illinois |
|---|---|---|
| All Electricity | $156.87 | $193.99 |
| Phone | $198.03 | $192.25 |
Lake Holiday SnackAbility
/10
Cost Of Living In Cities Around Lake Holiday
The cost of living varies in the cities and towns around Lake Holiday. Here's a quick look at the cost of living in the most populous nearby places:
Oswego, IL has a cost of living index of 115, 1.1x Lake Holiday.
Yorkville, IL has a cost of living index of 111, 1.1x Lake Holiday.
Montgomery, IL has a cost of living index of 112, 1.1x Lake Holiday.
| City | Population | Cost Of Living | Vs. Lake Holiday |
|---|---|---|---|
| Oswego, IL | 35,463 | 115 | 1.1x |
| Yorkville, IL | 22,350 | 111 | 1.1x |
| Montgomery, IL | 21,205 | 112 | 1.1x |
| Plano, IL | 11,626 | 105 | 1.0x |
| Sugar Grove, IL | 9,233 | 115 | 1.1x |
| Boulder Hill, IL | 9,127 | 108 | 1.0x |
| Sandwich, IL | 7,121 | 101 | 1.0x |
