What is the cost of living in Round Lake, IL?
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 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 #194 most affordable out of the 336 places we measured in Illinois. By definition, that implies Round Lake ranks as the #142 most expensive place in the Prairie State.
For more reading on life in Round Lake, check out:
Round Lake Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Round Lake. Here is how it fares on each of the criteria:
The Services index in Round Lake is 98.
The Groceries index in Round Lake is 99.
The Health index in Round Lake is 121.
The Housing index in Round Lake is 104.
The Transportation index in Round Lake is 100.
The Utilities index in Round Lake is 102.
| Living Expense | Round Lake | Illinois | National Average |
|---|---|---|---|
| Overall | 106 | 98 | 100 |
| Services | 98 | 99 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 121 | 96 | 100 |
| Housing | 104 | 101 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 102 | 101 | 100 |
Round Lake 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 Round Lake Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Round Lake, 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 Round Lake is $319,867.
The Median Rent in Round Lake is $1,710.
The Median Income in Round Lake is $111,977.
The Home Value To Income in Round Lake is 2.9x.
The Rent To Monthly Income in Round Lake is 0.18x.
| Statistic | Round Lake | Illinois | United States |
|---|---|---|---|
| Median Home Value | $319,867 | $285,735 | $332,700 |
| Median Rent | $1,710 | $1,274 | $1,413 |
| Median Income | $111,977 | $83,390 | $80,734 |
| Home Value To Income | 2.9x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Round Lake, IL Costs By Category
Detailed Round Lake Services costs vs. Illinois
| Item | Round Lake | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
Detailed Round Lake Groceries costs vs. Illinois
| Item | Round Lake | Illinois |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Round Lake Health costs vs. Illinois
| Item | Round Lake | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Round Lake Transportation costs vs. Illinois
| Item | Round Lake | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Round Lake Utilities costs vs. Illinois
| Item | Round Lake | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Round Lake SnackAbility
Cost Of Living In Cities Around Round Lake
The cost of living varies in the cities and towns around Round Lake. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 125, 1.2x Round Lake.
Buffalo Grove, IL has a cost of living index of 126, 1.2x Round Lake.
Highland Park, IL has a cost of living index of 144, 1.4x Round Lake.
| City | Population | Cost Of Living | Vs. Round Lake |
|---|---|---|---|
| Arlington Heights, IL | 76,005 | 125 | 1.2x |
| Buffalo Grove, IL | 42,891 | 126 | 1.2x |
| Highland Park, IL | 30,398 | 144 | 1.4x |
| Round Lake Beach, IL | 27,079 | 100 | 0.9x |
| Vernon Hills, IL | 26,876 | 126 | 1.2x |
| Grayslake, IL | 20,929 | 106 | 1.0x |
| Lake Zurich, IL | 19,832 | 122 | 1.2x |
| Deerfield, IL | 19,518 | 148 | 1.4x |
| Lindenhurst, IL | 14,417 | 110 | 1.0x |
| Wauconda, IL | 14,027 | 106 | 1.0x |
