What is the cost of living in Round Lake Park, IL?
According to the most recent data on the cost of living, Round Lake Park has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Illinois, Round Lake Park has a cost of living index that's 0.9x lower than Illinois's index of 98.
The standard of living in Round Lake Park ranks as #96 most affordable out of the 336 places we measured in Illinois. By definition, that implies Round Lake Park ranks as the #240 most expensive place in the Prairie State.
For more reading on life in Round Lake Park, check out:
Round Lake Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Round Lake Park. Here is how it fares on each of the criteria:
The Services index in Round Lake Park is 96.
The Groceries index in Round Lake Park is 98.
The Health index in Round Lake Park is 84.
The Housing index in Round Lake Park is 102.
The Transportation index in Round Lake Park is 97.
The Utilities index in Round Lake Park is 103.
| Living Expense | Round Lake Park | Illinois | National Average |
|---|---|---|---|
| Overall | 93 | 98 | 100 |
| Services | 96 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 84 | 96 | 100 |
| Housing | 102 | 101 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 103 | 101 | 100 |
Round Lake 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 Round Lake Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Round Lake 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 Round Lake Park is $220,880.
The Median Rent in Round Lake Park is $1,402.
The Median Income in Round Lake Park is $55,813.
The Home Value To Income in Round Lake Park is 4.0x.
The Rent To Monthly Income in Round Lake Park is 0.3x.
| Statistic | Round Lake Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $220,880 | $285,735 | $332,700 |
| Median Rent | $1,402 | $1,274 | $1,413 |
| Median Income | $55,813 | $83,390 | $80,734 |
| Home Value To Income | 4.0x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.3x | 0.18x | 0.21x |
Round Lake Park, IL Costs By Category
Detailed Round Lake Park Services costs vs. Illinois
| Item | Round Lake Park | 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 Park Groceries costs vs. Illinois
| Item | Round Lake Park | 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 Park Health costs vs. Illinois
| Item | Round Lake Park | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Round Lake Park Transportation costs vs. Illinois
| Item | Round Lake Park | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Round Lake Park Utilities costs vs. Illinois
| Item | Round Lake Park | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Round Lake Park SnackAbility
Cost Of Living In Cities Around Round Lake Park
The cost of living varies in the cities and towns around Round Lake Park. 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, 1.3x Round Lake Park.
Buffalo Grove, IL has a cost of living index of 126, 1.4x Round Lake Park.
Northbrook, IL has a cost of living index of 151, 1.6x Round Lake Park.
| City | Population | Cost Of Living | Vs. Round Lake Park |
|---|---|---|---|
| Arlington Heights, IL | 76,005 | 125 | 1.3x |
| Buffalo Grove, IL | 42,891 | 126 | 1.4x |
| Northbrook, IL | 34,585 | 151 | 1.6x |
| Highland Park, IL | 30,398 | 144 | 1.5x |
| Round Lake Beach, IL | 27,079 | 100 | 1.1x |
| Grayslake, IL | 20,929 | 106 | 1.1x |
| Lake Zurich, IL | 19,832 | 122 | 1.3x |
| Deerfield, IL | 19,518 | 148 | 1.6x |
| Round Lake, IL | 18,628 | 106 | 1.1x |
| Lindenhurst, IL | 14,417 | 110 | 1.2x |
