What is the cost of living in Lincolnshire, IL?
According to the most recent data on the cost of living, Lincolnshire has an overall cost of living index of 161, which is 1.6x higher than the national index of 100.
Compared to Illinois, Lincolnshire has a cost of living index that's 1.6x higher than Illinois's index of 98.
The standard of living in Lincolnshire ranks as #323 most affordable out of the 336 places we measured in Illinois. By definition, that implies Lincolnshire ranks as the #13 most expensive place in the Prairie State.
For more reading on life in Lincolnshire, check out:
Lincolnshire Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Lincolnshire. Here is how it fares on each of the criteria:
The Services index in Lincolnshire is 98.
The Groceries index in Lincolnshire is 98.
The Health index in Lincolnshire is 300.
The Housing index in Lincolnshire is 105.
The Transportation index in Lincolnshire is 101.
The Utilities index in Lincolnshire is 104.
| Living Expense | Lincolnshire | Illinois | National Average |
|---|---|---|---|
| Overall | 161 | 98 | 100 |
| Services | 98 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 300 | 96 | 100 |
| Housing | 105 | 101 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 104 | 101 | 100 |
Lincolnshire 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 Lincolnshire Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lincolnshire, 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 Lincolnshire is $714,055.
The Median Rent in Lincolnshire is $2,858.
The Median Income in Lincolnshire is $185,580.
The Home Value To Income in Lincolnshire is 3.8x.
The Rent To Monthly Income in Lincolnshire is 0.18x.
| Statistic | Lincolnshire | Illinois | United States |
|---|---|---|---|
| Median Home Value | $714,055 | $285,735 | $332,700 |
| Median Rent | $2,858 | $1,274 | $1,413 |
| Median Income | $185,580 | $83,390 | $80,734 |
| Home Value To Income | 3.8x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Lincolnshire, IL Costs By Category
Detailed Lincolnshire Services costs vs. Illinois
| Item | Lincolnshire | 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 Lincolnshire Groceries costs vs. Illinois
| Item | Lincolnshire | 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 Lincolnshire Health costs vs. Illinois
| Item | Lincolnshire | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Lincolnshire Transportation costs vs. Illinois
| Item | Lincolnshire | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Lincolnshire Utilities costs vs. Illinois
| Item | Lincolnshire | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Lincolnshire SnackAbility
Cost Of Living In Cities Around Lincolnshire
The cost of living varies in the cities and towns around Lincolnshire. 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, 0.8x Lincolnshire.
Glenview, IL has a cost of living index of 146, 0.9x Lincolnshire.
Buffalo Grove, IL has a cost of living index of 126, 0.8x Lincolnshire.
| City | Population | Cost Of Living | Vs. Lincolnshire |
|---|---|---|---|
| Arlington Heights, IL | 76,005 | 125 | 0.8x |
| Glenview, IL | 47,752 | 146 | 0.9x |
| Buffalo Grove, IL | 42,891 | 126 | 0.8x |
| Park Ridge, IL | 38,667 | 135 | 0.8x |
| Wheeling, IL | 38,433 | 103 | 0.6x |
| Northbrook, IL | 34,585 | 151 | 0.9x |
| Highland Park, IL | 30,398 | 144 | 0.9x |
| Wilmette, IL | 27,503 | 161 | 1.0x |
| Vernon Hills, IL | 26,876 | 126 | 0.8x |
| Lake Zurich, IL | 19,832 | 122 | 0.8x |
