According to the most recent data on the cost of living, Lake Villa has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.
Compared to only Illinois, Lake Villa has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Lake Villa ranks as #3,524 most affordable out of the 6,522 places we measured in Illinois. By definition, that implies Lake Villa ranks as the #2,882 most expensive place in the Prairie State.
|Living Expense||Lake Villa||Illinois||National Average|
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.
|City||Population||Cost Of Living||Vs. Lake Villa||Buffalo Grove, IL||41,062||123||1.2x||Round Lake Beach, IL||27,507||100||1.0x||Vernon Hills, IL||26,343||124||1.2x||Libertyville, IL||20,382||134||1.3x||Lake Zurich, IL||19,915||123||1.2x||Lindenhurst, IL||14,417||111||1.1x||Antioch, IL||14,246||98||1.0x||Fox Lake, IL||10,721||100||1.0x||Hawthorn Woods, IL||8,402||166||1.6x||Long Grove, IL||7,963||169||1.6x|