Lynwood, IL Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
Lynwood'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 Lynwood is expensive, while a number below 100 means it's a relatively cheap place to live.

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 101 which is 1.0x higher than the national index of 100.

Compared to only Illinois, Lynwood has a cost of living index that's 1.0x higher than Illinois's index of 98.

The standard of living in Lynwood ranks as #3314 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Lynwood ranks as the #3093 most expensive place in the Prairie State.

For more reading on life in Lynwood, check out:

Lynwood Cost Of Living Vs. Illinois

Living Expense Lynwood Illinois National Average
Overall 101 98 100
Services 109 98 100
Groceries 104 97 100
Health 100 100 100
Housing 86 95 100
Transportation 125 112 100
Utilities 93 97 100
For more reading on cost of living around Illinois, check out:
Lynwood Cost of Living Vs. IL

Lynwood, 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 Lynwood Illinois United States
Median Home Value $147,700 $187,200 $204,900
Median Rent $827 $984 $1,023
Median Income $57,333 $63,575 $60,293
Home Value To Income 2.6x 2.9x 3.4x
Rent To Monthly Income 0.17x 0.19x 0.2x

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Cost Of Living In Cities Around Lynwood

City Population Cost Of Living Vs. Lynwood
Orland Park, IL 59,100 112 1.1x
Tinley Park, IL 56,898 106 1.0x
Chicago Heights, IL 30,087 90 0.9x
Lansing, IL 28,141 98 1.0x
Oak Forest, IL 27,843 100 1.0x
Munster, IN 22,840 109 1.1x
Mokena, IL 20,720 112 1.1x
Palos Hills, IL 17,443 106 1.0x
Dyer, IN 16,006 106 1.0x
Palos Heights, IL 12,534 122 1.2x

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