What is the cost of living in Lynwood, IL?
According to the most recent data on the cost of living, Lynwood has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Lynwood has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Lynwood ranks as #127 most affordable out of the 336 places we measured in Illinois. By definition, that implies Lynwood ranks as the #209 most expensive place in the Prairie State.
For more reading on life in Lynwood, check out:
Lynwood Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Lynwood. Here is how it fares on each of the criteria:
The Services index in Lynwood is 98.
The Groceries index in Lynwood is 98.
The Health index in Lynwood is 91.
The Housing index in Lynwood is 103.
The Transportation index in Lynwood is 101.
The Utilities index in Lynwood is 100.
| Living Expense | Lynwood | Illinois | National Average |
|---|---|---|---|
| Overall | 98 | 98 | 100 |
| Services | 98 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 91 | 96 | 100 |
| Housing | 103 | 101 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 100 | 101 | 100 |
Lynwood 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 Lynwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lynwood, 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 Lynwood is $269,617.
The Median Rent in Lynwood is $1,368.
The Median Income in Lynwood is $85,237.
The Home Value To Income in Lynwood is 3.2x.
The Rent To Monthly Income in Lynwood is 0.19x.
Lynwood, IL Costs By Category
Detailed Lynwood Services costs vs. Illinois
Detailed Lynwood Groceries costs vs. Illinois
Detailed Lynwood Health costs vs. Illinois
Detailed Lynwood Transportation costs vs. Illinois
Lynwood SnackAbility
Cost Of Living In Cities Around Lynwood
The cost of living varies in the cities and towns around Lynwood. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 114, 1.2x Lynwood.
Tinley Park, IL has a cost of living index of 111, 1.1x Lynwood.
Lansing, IL has a cost of living index of 93, 0.9x Lynwood.
| City | Population | Cost Of Living | Vs. Lynwood |
|---|---|---|---|
| Orland Park, IL | 57,916 | 114 | 1.2x |
| Tinley Park, IL | 54,842 | 111 | 1.1x |
| Lansing, IL | 28,284 | 93 | 0.9x |
| Oak Forest, IL | 26,805 | 106 | 1.1x |
| Chicago Heights, IL | 26,736 | 92 | 0.9x |
| Munster, IN | 23,733 | 104 | 1.1x |
| Mokena, IL | 20,021 | 117 | 1.2x |
| Palos Hills, IL | 18,081 | 105 | 1.1x |
| Dyer, IN | 16,400 | 107 | 1.1x |
| Palos Heights, IL | 12,152 | 120 | 1.2x |
