What is the cost of living in Loves Park, IL?
According to the most recent data on the cost of living, Loves Park has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Illinois, Loves Park has a cost of living index that's 0.9x lower than Illinois's index of 98.
The standard of living in Loves Park ranks as #69 most affordable out of the 336 places we measured in Illinois. By definition, that implies Loves Park ranks as the #267 most expensive place in the Prairie State.
For more reading on life in Loves Park, check out:
Loves Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Loves Park. Here is how it fares on each of the criteria:
The Services index in Loves Park is 97.
The Groceries index in Loves Park is 98.
The Health index in Loves Park is 76.
The Housing index in Loves Park is 99.
The Transportation index in Loves Park is 97.
The Utilities index in Loves Park is 92.
| Living Expense | Loves Park | Illinois | National Average |
|---|---|---|---|
| Overall | 90 | 98 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 76 | 96 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 92 | 101 | 100 |
Loves Park 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 Loves Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Loves Park, 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 Loves Park is $195,132.
The Median Rent in Loves Park is $1,120.
The Median Income in Loves Park is $61,868.
The Home Value To Income in Loves Park is 3.2x.
The Rent To Monthly Income in Loves Park is 0.22x.
| Statistic | Loves Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $195,132 | $285,735 | $332,700 |
| Median Rent | $1,120 | $1,274 | $1,413 |
| Median Income | $61,868 | $83,390 | $80,734 |
| Home Value To Income | 3.2x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.21x |
Loves Park, IL Costs By Category
Detailed Loves Park Services costs vs. Illinois
| Item | Loves Park | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $12.73 | $12.13 |
| Bowling | $12.67 | $18 |
| Haircut | $19.94 | $24.26 |
| Beauty Salon | $36.22 | $45.56 |
Detailed Loves Park Groceries costs vs. Illinois
| Item | Loves Park | Illinois |
|---|---|---|
| Ground Beef | $5.72 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.82 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $9.56 | $10.41 |
| Toothpaste | $3.58 | $3.7 |
Detailed Loves Park Health costs vs. Illinois
| Item | Loves Park | Illinois |
|---|---|---|
| Optometrist | $79.67 | $125.68 |
| Doctor | $158.33 | $135.78 |
| Dentist | $110.16 | $113.29 |
Detailed Loves Park Transportation costs vs. Illinois
| Item | Loves Park | Illinois |
|---|---|---|
| Gasoline | $3.69 | $3.46 |
| Tire Balancing | $70.28 | $59.92 |
Detailed Loves Park Utilities costs vs. Illinois
| Item | Loves Park | Illinois |
|---|---|---|
| All Electricity | $147.39 | $193.99 |
| Phone | $198.03 | $192.25 |
Loves Park SnackAbility
Cost Of Living In Cities Around Loves Park
The cost of living varies in the cities and towns around Loves Park. Here's a quick look at the cost of living in the most populous nearby places:
Rockford, IL has a cost of living index of 89, 1.0x Loves Park.
Beloit, WI has a cost of living index of 88, 1.0x Loves Park.
Belvidere, IL has a cost of living index of 90, 1.0x Loves Park.
| City | Population | Cost Of Living | Vs. Loves Park |
|---|---|---|---|
| Rockford, IL | 147,521 | 89 | 1.0x |
| Beloit, WI | 36,534 | 88 | 1.0x |
| Belvidere, IL | 24,752 | 90 | 1.0x |
| Machesney Park, IL | 22,630 | 93 | 1.0x |
| Roscoe, IL | 10,706 | 101 | 1.1x |
| Rockton, IL | 7,974 | 96 | 1.1x |
| South Beloit, IL | 7,946 | 92 | 1.0x |
| Candlewick Lake, IL | 5,448 | 99 | 1.1x |
