What is the cost of living in Lakemoor, IL?
According to the most recent data on the cost of living, Lakemoor has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Illinois, Lakemoor has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Lakemoor ranks as #194 most affordable out of the 336 places we measured in Illinois. By definition, that implies Lakemoor ranks as the #142 most expensive place in the Prairie State.
For more reading on life in Lakemoor, check out:
Lakemoor Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Lakemoor. Here is how it fares on each of the criteria:
The Services index in Lakemoor is 103.
The Groceries index in Lakemoor is 99.
The Health index in Lakemoor is 123.
The Housing index in Lakemoor is 98.
The Transportation index in Lakemoor is 101.
The Utilities index in Lakemoor is 97.
| Living Expense | Lakemoor | Illinois | National Average |
|---|---|---|---|
| Overall | 106 | 98 | 100 |
| Services | 103 | 99 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 123 | 96 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 97 | 101 | 100 |
Lakemoor 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 Lakemoor Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lakemoor, 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 Lakemoor is $283,780.
The Median Rent in Lakemoor is $1,726.
The Median Income in Lakemoor is $100,414.
The Home Value To Income in Lakemoor is 2.8x.
The Rent To Monthly Income in Lakemoor is 0.21x.
Lakemoor, IL Costs By Category
Detailed Lakemoor Services costs vs. Illinois
Detailed Lakemoor Groceries costs vs. Illinois
Detailed Lakemoor Health costs vs. Illinois
Detailed Lakemoor Transportation costs vs. Illinois
Lakemoor SnackAbility
Cost Of Living In Cities Around Lakemoor
The cost of living varies in the cities and towns around Lakemoor. Here's a quick look at the cost of living in the most populous nearby places:
Hoffman Estates, IL has a cost of living index of 118, 1.1x Lakemoor.
Buffalo Grove, IL has a cost of living index of 126, 1.2x Lakemoor.
McHenry, IL has a cost of living index of 105, 1.0x Lakemoor.
| City | Population | Cost Of Living | Vs. Lakemoor |
|---|---|---|---|
| Hoffman Estates, IL | 51,175 | 118 | 1.1x |
| Buffalo Grove, IL | 42,891 | 126 | 1.2x |
| McHenry, IL | 28,074 | 105 | 1.0x |
| Vernon Hills, IL | 26,876 | 126 | 1.2x |
| Libertyville, IL | 20,525 | 133 | 1.3x |
| Lake Zurich, IL | 19,832 | 122 | 1.2x |
| Round Lake, IL | 18,628 | 106 | 1.0x |
| Lindenhurst, IL | 14,417 | 110 | 1.0x |
| Hawthorn Woods, IL | 9,143 | 167 | 1.6x |
| Long Grove, IL | 8,305 | 182 | 1.7x |
