Lake Villa, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
103
Lake Villa's Overall Cost Of Living
1.0x
Higher Than The National Average
192 out of 338
In Illinois
3,523 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Villa is expensive, while a number below 100 means it's a relatively cheap place to live.

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

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.

For more reading on life in Lake Villa, check out:

Lake Villa Cost Of Living Vs. Illinois

Living Expense Lake Villa Illinois National Average
Overall 103 98 100
Services 93 98 100
Groceries 93 97 100
Health 114 100 100
Housing 120 95 100
Transportation 102 112 100
Utilities 94 97 100
For more reading on cost of living around Illinois, check out:
Lake Villa Cost of Living Vs. IL

Lake Villa, 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.

$259,900
Median Home Value
$1,162
Median Rent
$105,341
Median Income
Statistic Lake Villa Illinois United States
Median Home Value $259,900 $194,500 $217,500
Median Rent $1,162 $1,010 $1,062
Median Income $105,341 $65,886 $62,843
Home Value To Income 2.5x 3.0x 3.5x
Rent To Monthly Income 0.13x 0.18x 0.2x

Detailed Lake Villa Services Costs Vs. Illinois

Item Lake Villa Illinois
Shampoo $0.99 $1.01
Movie $11.04 $10.72
Bowling $16.0 $13.86

Detailed Lake Villa Groceries Costs Vs. Illinois

Item Lake Villa Illinois
Ground Beef $3.66 $3.9
Fried Chicken $1.32 $1.4
Milk $1.71 $1.96

Detailed Lake Villa Health Costs Vs. Illinois

Item Lake Villa Illinois
Haircut $20.43 $17.49
Beauty Salon $38.6 $38.17
Toothpaste $1.92 $2.32

Detailed Lake Villa Transportation Costs Vs. Illinois

Item Lake Villa Illinois
Potatoes $2.58 $3.18
Pizza $9.99 $10.39
Beer $8.07 $9.23
Optometrist $53.0 $106.34
Doctor $183.67 $115.25
Dentist $102.2 $98.38

Detailed Lake Villa Utilities Costs Vs. Illinois

Item Lake Villa Illinois
Gasoline $2.78 $2.59
Tire Balancing $47.04 $48.9
All Electricity $153.62 $167.6
Phone $177.3 $163.42

Lake Villa SnackAbility

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

Cost Of Living In Cities Around Lake Villa

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

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