Lake in the Hills, IL Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
106
Lake in the Hills's Overall Cost Of Living
1.1x
Higher Than The National Average
216 out of 338
In Illinois
3,772 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake in the Hills is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake in the Hills, IL?

According to the most recent data on the cost of living, Lake in the Hills has an overall cost of living index of 106 which is 1.1x higher than the national index of 100.

Compared to only Illinois, Lake in the Hills has a cost of living index that's 1.1x higher than Illinois's index of 98.

The standard of living in Lake in the Hills ranks as #3,773 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Lake in the Hills ranks as the #2,646 most expensive place in the Prairie State.

For more reading on life in Lake in the Hills, check out:

Lake in the Hills Cost Of Living Vs. Illinois

Living Expense Lake in the Hills Illinois National Average
Overall 106 98 100
Services 97 95 100
Groceries 94 97 100
Health 107 99 100
Housing 118 96 100
Transportation 108 105 100
Utilities 90 94 100
For more reading on cost of living around Illinois, check out:
Lake in the Hills Cost of Living Vs. IL

Lake in the Hills, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$236,000
Median Home Value
$1,487
Median Rent
$96,470
Median Income
Statistic Lake in the Hills Illinois United States
Median Home Value $236,000 $202,100 $229,800
Median Rent $1,487 $1,038 $1,096
Median Income $96,470 $68,428 $64,994
Home Value To Income 2.4x 3.0x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x

Detailed Lake in the Hills Services Costs Vs. Illinois

Item Lake in the Hills Illinois
Shampoo $1.0 $1.06
Movie $11.76 $10.68
Bowling $12.42 $14.67

Detailed Lake in the Hills Groceries Costs Vs. Illinois

Item Lake in the Hills Illinois
Ground Beef $3.88 $4.22
Fried Chicken $1.49 $1.39
Milk $1.57 $2.05

Detailed Lake in the Hills Health Costs Vs. Illinois

Item Lake in the Hills Illinois
Haircut $15.8 $18.62
Beauty Salon $32.1 $39.05
Toothpaste $2.31 $2.34

Detailed Lake in the Hills Transportation Costs Vs. Illinois

Item Lake in the Hills Illinois
Potatoes $3.35 $3.29
Pizza $10.49 $10.62
Beer $8.17 $9.38
Optometrist $73.81 $108.57
Doctor $162.33 $116.17
Dentist $102.11 $99.13

Detailed Lake in the Hills Utilities Costs Vs. Illinois

Item Lake in the Hills Illinois
Gasoline $2.39 $2.22
Tire Balancing $50.79 $50.07
All Electricity $130.38 $167.67
Phone $191.29 $175.64

Lake In The Hills SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
9
Amenities
9
Education
8.5
Commute
3

Cost Of Living In Cities Around Lake in the Hills

City Population Cost Of Living Vs. Lake in the Hills
Arlington Heights, IL 75,071 125 1.2x
Palatine, IL 67,875 117 1.1x
Hoffman Estates, IL 50,464 118 1.1x
Bartlett, IL 40,894 117 1.1x
Buffalo Grove, IL 40,804 121 1.1x
Crystal Lake, IL 39,685 103 1.0x
Carpentersville, IL 37,618 104 1.0x
Algonquin, IL 30,848 109 1.0x
Vernon Hills, IL 26,396 126 1.2x
Libertyville, IL 20,300 134 1.3x

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