Libertyville, IL Cost Of Living

The latest cost of living statistics for Libertyville. Includes statistics on rent, mortgages, healthcare, and other costs for Libertyville compared to the state and national averages.

Cost of living in Libertyville, Illinois

Cost of living in Libertyville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Libertyville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

133 Cost of living index 1.3x higher vs US
#308 Cheapest in Illinois (of 336)
#5,080 Cheapest in the U.S. (of 6,489)
$603,285 Median home value
$1,637 Median rent
$165,667 Median income
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What is the cost of living in Libertyville, IL?

According to the most recent data on the cost of living, Libertyville has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.

Compared to Illinois, Libertyville has a cost of living index that's 1.4x higher than Illinois's index of 98.

The standard of living in Libertyville ranks as #308 most affordable out of the 336 places we measured in Illinois. By definition, that implies Libertyville ranks as the #28 most expensive place in the Prairie State.

For more reading on life in Libertyville, check out:

Libertyville Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Libertyville. Here is how it fares on each of the criteria:

  • The Services index in Libertyville is 99.

  • The Groceries index in Libertyville is 99.

  • The Health index in Libertyville is 214.

  • The Housing index in Libertyville is 103.

  • The Transportation index in Libertyville is 99.

  • The Utilities index in Libertyville is 102.

Living Expense Libertyville Illinois National Average
Overall 133 98 100
Services 99 99 100
Groceries 99 99 100
Health 214 96 100
Housing 103 101 100
Transportation 99 99 100
Utilities 102 101 100

Libertyville Cost Of Living Compared To Illinois Averages

Services
Libertyville 99
Illinois avg 99
Groceries
Libertyville 99
Illinois avg 99
Health
Libertyville 214
Illinois avg 96
Housing
Libertyville 103
Illinois avg 101
Transportation
Libertyville 99
Illinois avg 99
Utilities
Libertyville 102
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Libertyville, IL Housing Cost Breakdown

$603,285Median Home Value
$1,637Median Rent
$165,667Median Income

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 Libertyville is $603,285.

  • The Median Rent in Libertyville is $1,637.

  • The Median Income in Libertyville is $165,667.

  • The Home Value To Income in Libertyville is 3.6x.

  • The Rent To Monthly Income in Libertyville is 0.12x.

Statistic Libertyville Illinois United States
Median Home Value $603,285 $285,735 $332,700
Median Rent $1,637 $1,274 $1,413
Median Income $165,667 $83,390 $80,734
Home Value To Income 3.6x 3.4x 4.1x
Rent To Monthly Income 0.12x 0.18x 0.21x

Libertyville, IL Costs By Category

Detailed Libertyville Services costs vs. Illinois
Item Libertyville Illinois
Shampoo $1.27 $1.28
Movie $17.91 $12.13
Bowling $24.58 $18
Haircut $33.69 $24.26
Beauty Salon $53.44 $45.56
Detailed Libertyville Groceries costs vs. Illinois
Item Libertyville Illinois
Ground Beef $5.28 $5.84
Fried Chicken $1.42 $1.57
Milk $4.87 $4.67
Potatoes $4.9 $4.93
Pizza $13.41 $12.09
Beer $10.0 $10.41
Toothpaste $3.75 $3.7
Detailed Libertyville Health costs vs. Illinois
Item Libertyville Illinois
Optometrist $118.27 $125.68
Doctor $167.67 $135.78
Dentist $128.22 $113.29
Detailed Libertyville Transportation costs vs. Illinois
Item Libertyville Illinois
Gasoline $3.56 $3.46
Tire Balancing $70.87 $59.92
Detailed Libertyville Utilities costs vs. Illinois
Item Libertyville Illinois
All Electricity $148.58 $193.99
Phone $210.03 $192.25

Libertyville SnackAbility

10Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 8.5/10
Diversity 7/10
Safety 9.5/10
Amenities 9/10
Education 10/10
Commute 6/10

Cost Of Living In Cities Around Libertyville

The cost of living varies in the cities and towns around Libertyville. 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, 0.9x Libertyville.

  • Glenview, IL has a cost of living index of 146, 1.1x Libertyville.

  • Buffalo Grove, IL has a cost of living index of 126, 0.9x Libertyville.

City Population Cost Of Living Vs. Libertyville
Arlington Heights, IL 76,005 125 0.9x
Glenview, IL 47,752 146 1.1x
Buffalo Grove, IL 42,891 126 0.9x
Park Ridge, IL 38,667 135 1.0x
Northbrook, IL 34,585 151 1.1x
Mundelein, IL 31,915 110 0.8x
North Chicago, IL 30,643 96 0.7x
Highland Park, IL 30,398 144 1.1x
Wilmette, IL 27,503 161 1.2x
Vernon Hills, IL 26,876 126 0.9x