Lakemoor, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
109
Lakemoor's Overall Cost Of Living
1.1x
Higher Than The National Average
236 out of 338
In Illinois
4,038 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 Lakemoor is expensive, while a number below 100 means it's a relatively cheap place to live.

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 109 which is 1.1x higher than the national index of 100.

Compared to only 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 #4,039 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Lakemoor ranks as the #2,380 most expensive place in the Prairie State.

For more reading on life in Lakemoor, check out:

Lakemoor Cost Of Living Vs. Illinois

Living Expense Lakemoor Illinois National Average
Overall 109 98 100
Services 116 95 100
Groceries 106 97 100
Health 99 99 100
Housing 107 96 100
Transportation 116 105 100
Utilities 92 94 100
For more reading on cost of living around Illinois, check out:
Lakemoor Cost of Living Vs. IL

Lakemoor, 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.

$202,200
Median Home Value
$1,385
Median Rent
$80,966
Median Income
Statistic Lakemoor Illinois United States
Median Home Value $202,200 $202,100 $229,800
Median Rent $1,385 $1,038 $1,096
Median Income $80,966 $68,428 $64,994
Home Value To Income 2.5x 3.0x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x

Detailed Lakemoor Services Costs Vs. Illinois

Item Lakemoor Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67

Detailed Lakemoor Groceries Costs Vs. Illinois

Item Lakemoor Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05

Detailed Lakemoor Health Costs Vs. Illinois

Item Lakemoor Illinois
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05
Toothpaste $2.46 $2.34

Detailed Lakemoor Transportation Costs Vs. Illinois

Item Lakemoor Illinois
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Lakemoor Utilities Costs Vs. Illinois

Item Lakemoor Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Lakemoor SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
6
Safety
N/A
Amenities
8
Education
8.5
Commute
4

Cost Of Living In Cities Around Lakemoor

City Population Cost Of Living Vs. Lakemoor
Hoffman Estates, IL 50,464 118 1.1x
Buffalo Grove, IL 40,804 121 1.1x
McHenry, IL 26,889 96 0.9x
Vernon Hills, IL 26,396 126 1.2x
Libertyville, IL 20,300 134 1.2x
Lake Zurich, IL 19,912 125 1.1x
Round Lake, IL 18,235 108 1.0x
Lindenhurst, IL 14,317 113 1.0x
Hawthorn Woods, IL 8,313 168 1.5x
Island Lake, IL 8,112 105 1.0x

Articles About Illinois

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