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 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Lake in the Hills has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Lake in the Hills ranks as #246 most affordable out of the 336 places we measured in Illinois. By definition, that implies Lake in the Hills ranks as the #90 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
Six factors go into calculating the cost of living index in Lake in the Hills. Here is how it fares on each of the criteria:
The Services index in Lake in the Hills is 100.
The Groceries index in Lake in the Hills is 100.
The Health index in Lake in the Hills is 139.
The Housing index in Lake in the Hills is 102.
The Transportation index in Lake in the Hills is 101.
The Utilities index in Lake in the Hills is 98.
| Living Expense | Lake in the Hills | Illinois | National Average |
|---|---|---|---|
| Overall | 113 | 98 | 100 |
| Services | 100 | 99 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 139 | 96 | 100 |
| Housing | 102 | 101 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 98 | 101 | 100 |
Lake in the Hills Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Lake in the Hills Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake in the Hills, 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 2020-2024. The key points are:
The Median Home Value in Lake in the Hills is $369,917.
The Median Rent in Lake in the Hills is $1,689.
The Median Income in Lake in the Hills is $117,151.
The Home Value To Income in Lake in the Hills is 3.2x.
The Rent To Monthly Income in Lake in the Hills is 0.17x.
| Statistic | Lake in the Hills | Illinois | United States |
|---|---|---|---|
| Median Home Value | $369,917 | $285,735 | $332,700 |
| Median Rent | $1,689 | $1,274 | $1,413 |
| Median Income | $117,151 | $83,390 | $80,734 |
| Home Value To Income | 3.2x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
Lake in the Hills, IL Costs By Category
Detailed Lake in the Hills Services costs vs. Illinois
| Item | Lake in the Hills | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $12.73 | $12.13 |
| Bowling | $12.67 | $18 |
| Haircut | $19.94 | $24.26 |
| Beauty Salon | $36.22 | $45.56 |
Detailed Lake in the Hills Groceries costs vs. Illinois
| Item | Lake in the Hills | Illinois |
|---|---|---|
| Ground Beef | $5.72 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.82 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $9.56 | $10.41 |
| Toothpaste | $3.58 | $3.7 |
Detailed Lake in the Hills Health costs vs. Illinois
| Item | Lake in the Hills | Illinois |
|---|---|---|
| Optometrist | $79.67 | $125.68 |
| Doctor | $158.33 | $135.78 |
| Dentist | $110.16 | $113.29 |
Detailed Lake in the Hills Transportation costs vs. Illinois
| Item | Lake in the Hills | Illinois |
|---|---|---|
| Gasoline | $3.69 | $3.46 |
| Tire Balancing | $70.28 | $59.92 |
Detailed Lake in the Hills Utilities costs vs. Illinois
| Item | Lake in the Hills | Illinois |
|---|---|---|
| All Electricity | $147.39 | $193.99 |
| Phone | $198.03 | $192.25 |
Lake In The Hills SnackAbility
Cost Of Living In Cities Around Lake in the Hills
The cost of living varies in the cities and towns around Lake in the Hills. 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 125, 1.1x Lake in the Hills.
Palatine, IL has a cost of living index of 113, 1.0x Lake in the Hills.
Hoffman Estates, IL has a cost of living index of 118, 1.0x Lake in the Hills.
| City | Population | Cost Of Living | Vs. Lake in the Hills |
|---|---|---|---|
| Arlington Heights, IL | 76,005 | 125 | 1.1x |
| Palatine, IL | 66,293 | 113 | 1.0x |
| Hoffman Estates, IL | 51,175 | 118 | 1.0x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Crystal Lake, IL | 40,579 | 107 | 0.9x |
| Bartlett, IL | 40,501 | 119 | 1.1x |
| Carpentersville, IL | 37,346 | 102 | 0.9x |
| Algonquin, IL | 30,067 | 117 | 1.0x |
| Vernon Hills, IL | 26,876 | 126 | 1.1x |
| Libertyville, IL | 20,525 | 133 | 1.2x |
