According to the most recent data on the cost of living, Round Lake has an overall cost of living index of 106 which is 1.1x higher than the national index of 100.
Compared to only Illinois, Round Lake has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Round Lake ranks as #3,791 most affordable out of the 6,522 places we measured in Illinois. By definition, that implies Round Lake ranks as the #2,616 most expensive place in the Prairie State.
Living Expense | Round Lake | Illinois | National Average | |
---|---|---|---|---|
Overall | 106 | 98 | 100 | |
Services | 109 | 98 | 100 | |
Groceries | 104 | 97 | 100 | |
Health | 100 | 100 | 100 | |
Housing | 103 | 95 | 100 | |
Transportation | 125 | 112 | 100 | |
Utilities | 93 | 97 | 100 |
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.
Statistic | Round Lake | Illinois | United States |
---|---|---|---|
Median Home Value | $197,800 | $194,500 | $217,500 |
Median Rent | $1,274 | $1,010 | $1,062 |
Median Income | $82,521 | $65,886 | $62,843 |
Home Value To Income | 2.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Round Lake | Illinois |
---|---|---|
Shampoo | $0.92 | $1.01 |
Movie | $14.86 | $10.72 |
Bowling | $19.0 | $13.86 |
Item | Round Lake | Illinois |
---|---|---|
Ground Beef | $4.07 | $3.9 |
Fried Chicken | $1.74 | $1.4 |
Milk | $2.09 | $1.96 |
Item | Round Lake | Illinois |
---|---|---|
Haircut | $22.0 | $17.49 |
Beauty Salon | $69.77 | $38.17 |
Toothpaste | $2.69 | $2.32 |
Item | Round Lake | Illinois |
---|---|---|
Potatoes | $3.74 | $3.18 |
Pizza | $10.0 | $10.39 |
Beer | $8.14 | $9.23 |
Optometrist | $97.0 | $106.34 |
Doctor | $105.0 | $115.25 |
Dentist | $102.0 | $98.38 |
Item | Round Lake | Illinois |
---|---|---|
Gasoline | $3.42 | $2.59 |
Tire Balancing | $57.0 | $48.9 |
All Electricity | $131.81 | $167.6 |
Phone | $200.46 | $163.42 |
City | Population | Cost Of Living | Vs. Round Lake |
---|---|---|---|
Arlington Heights, IL | 75,482 | 123 | 1.2x |
Buffalo Grove, IL | 41,062 | 123 | 1.2x |
Highland Park, IL | 29,628 | 151 | 1.4x |
Round Lake Beach, IL | 27,507 | 100 | 0.9x |
Vernon Hills, IL | 26,343 | 124 | 1.2x |
Grayslake, IL | 20,720 | 109 | 1.0x |
Lake Zurich, IL | 19,915 | 123 | 1.2x |
Deerfield, IL | 19,006 | 148 | 1.4x |
Lindenhurst, IL | 14,417 | 111 | 1.0x |
Wauconda, IL | 13,655 | 109 | 1.0x |