Lockport, IL Cost Of Living

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Updated: 2020-03-08
Lockport's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lockport is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lockport, IL?

According to the most recent data on the cost of living, Lockport has an overall cost of living index of 104 which is 1.0x higher than the national index of 100.

Compared to only Illinois, Lockport has a cost of living index that's 1.1x higher than Illinois's index of 98.

The standard of living in Lockport ranks as #3613 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Lockport ranks as the #2794 most expensive place in the Prairie State.

For more reading on life in Lockport, check out:

Lockport Cost Of Living Vs. Illinois

Living Expense Lockport Illinois National Average
Overall 104 98 100
Services 98 98 100
Groceries 100 97 100
Health 110 100 100
Housing 113 95 100
Transportation 117 112 100
Utilities 90 97 100
For more reading on cost of living around Illinois, check out:
Lockport Cost of Living Vs. IL

Lockport, 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.

Median Home Value
Median Rent
Median Income
Statistic Lockport Illinois United States
Median Home Value $234,200 $187,200 $204,900
Median Rent $1,213 $984 $1,023
Median Income $84,147 $63,575 $60,293
Home Value To Income 2.8x 2.9x 3.4x
Rent To Monthly Income 0.17x 0.19x 0.2x

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Cost Of Living In Cities Around Lockport

City Population Cost Of Living Vs. Lockport
Naperville, IL 147,411 128 1.2x
Wheaton, IL 53,480 121 1.2x
Romeoville, IL 39,702 103 1.0x
Glen Ellyn, IL 27,958 131 1.3x
New Lenox, IL 26,032 111 1.1x
Homer Glen, IL 24,467 121 1.2x
Lisle, IL 23,435 120 1.2x
Darien, IL 22,126 115 1.1x
Crest Hill, IL 20,379 97 0.9x
Hinsdale, IL 17,654 190 1.8x

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