What is the cost of living in Skokie, IL?
According to the most recent data on the cost of living, Skokie has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Illinois, Skokie has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Skokie ranks as #272 most affordable out of the 336 places we measured in Illinois. By definition, that implies Skokie ranks as the #64 most expensive place in the Prairie State.
For more reading on life in Skokie, check out:
Skokie Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Skokie. Here is how it fares on each of the criteria:
The Services index in Skokie is 97.
The Groceries index in Skokie is 100.
The Health index in Skokie is 163.
The Housing index in Skokie is 103.
The Transportation index in Skokie is 99.
The Utilities index in Skokie is 99.
| Living Expense | Skokie | Illinois | National Average |
|---|---|---|---|
| Overall | 118 | 98 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 163 | 96 | 100 |
| Housing | 103 | 101 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 99 | 101 | 100 |
Skokie 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 Skokie Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Skokie, 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 Skokie is $413,077.
The Median Rent in Skokie is $1,552.
The Median Income in Skokie is $95,337.
The Home Value To Income in Skokie is 4.3x.
The Rent To Monthly Income in Skokie is 0.2x.
Skokie, IL Costs By Category
Detailed Skokie Services costs vs. Illinois
Detailed Skokie Groceries costs vs. Illinois
Detailed Skokie Health costs vs. Illinois
Detailed Skokie Transportation costs vs. Illinois
Skokie SnackAbility
Cost Of Living In Cities Around Skokie
The cost of living varies in the cities and towns around Skokie. Here's a quick look at the cost of living in the most populous nearby places:
Evanston, IL has a cost of living index of 129, 1.1x Skokie.
Glenview, IL has a cost of living index of 146, 1.2x Skokie.
Elmhurst, IL has a cost of living index of 134, 1.1x Skokie.
| City | Population | Cost Of Living | Vs. Skokie |
|---|---|---|---|
| Evanston, IL | 76,340 | 129 | 1.1x |
| Glenview, IL | 47,752 | 146 | 1.2x |
| Elmhurst, IL | 45,671 | 134 | 1.1x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Park Ridge, IL | 38,667 | 135 | 1.1x |
| Northbrook, IL | 34,585 | 151 | 1.3x |
| Highland Park, IL | 30,398 | 144 | 1.2x |
| Niles, IL | 30,064 | 114 | 1.0x |
| Wilmette, IL | 27,503 | 161 | 1.4x |
| Morton Grove, IL | 24,619 | 128 | 1.1x |
