Vernon Hills, IL Cost Of Living
Cost Of Living In Vernon Hills, IL Summary
Cost of living in Vernon Hills research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Vernon Hills is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Vernon Hills is 125, with 100 being the average.
The cost of living index in Vernon Hills is 1.2x higher than the national average.
Vernon Hills ranks as the #291 cheapest in Illinois out of 336.
Vernon Hills ranks as the #4,715 cheapest out of 6,489 in the US.
The median home value in Vernon Hills is $441,479.
The median income in Vernon Hills is $120,625.
Table Of Contents
Vernon Hills's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Vernon Hills, IL?
According to the most recent data on the cost of living, Vernon Hills has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Illinois, Vernon Hills has a cost of living index that's 1.3x higher than Illinois's index of 97.
The standard of living in Vernon Hills ranks as #291 most affordable out of the 336 places we measured in Illinois. By definition, that implies Vernon Hills ranks as the #45 most expensive place in the Prairie State.
For more reading on life in Vernon Hills, check out:
In Illinois
In America
Vernon Hills Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Vernon Hills. Here is how it fairs on each of the criteria:
The Services index in Vernon Hills is 107.
The Groceries index in Vernon Hills is 102.
The Health index in Vernon Hills is 106.
The Housing index in Vernon Hills is 184.
The Transportation index in Vernon Hills is 108.
The Utilities index in Vernon Hills is 91.
| Living Expense | Vernon Hills | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 125 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 106 | 93 | 100 | |
| Housing | 184 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
Vernon Hills, 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 2019-2023. The key points are:
The Median Home Value in Vernon Hills is $441,479.
The Median Rent in Vernon Hills is $1,855.
The Median Income in Vernon Hills is $120,625.
The Home Value To Income in Vernon Hills is 3.7x.
The Rent To Monthly Income in Vernon Hills is 0.18x.
| Statistic | Vernon Hills | Illinois | United States |
|---|---|---|---|
| Median Home Value | $441,479 | $283,508 | $303,400 |
| Median Rent | $1,855 | $1,227 | $1,348 |
| Median Income | $120,625 | $81,702 | $78,538 |
| Home Value To Income | 3.7x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Vernon Hills, IL Costs By Category
Detailed Vernon Hills Services Costs Vs. Illinois
| Item | Vernon Hills | 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 Vernon Hills Groceries Costs Vs. Illinois
| Item | Vernon Hills | 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 Vernon Hills Health Costs Vs. Illinois
| Item | Vernon Hills | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Vernon Hills Transportation Costs Vs. Illinois
| Item | Vernon Hills | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Vernon Hills Utilities Costs Vs. Illinois
| Item | Vernon Hills | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Vernon Hills SnackAbility
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Cost Of Living In Cities Around Vernon Hills
The cost of living varies in the cities and towns around Vernon Hills. 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 124, 1.0x Vernon Hills.
Glenview, IL has a cost of living index of 149, 1.2x Vernon Hills.
Buffalo Grove, IL has a cost of living index of 125, 1.0x Vernon Hills.
| City | Population | Cost Of Living | Vs. Vernon Hills |
|---|---|---|---|
| Arlington Heights, IL | 76,220 | 124 | 1.0x |
| Glenview, IL | 47,682 | 149 | 1.2x |
| Buffalo Grove, IL | 42,824 | 125 | 1.0x |
| Park Ridge, IL | 39,241 | 138 | 1.1x |
| Northbrook, IL | 34,642 | 153 | 1.2x |
| Mundelein, IL | 31,632 | 114 | 0.9x |
| Highland Park, IL | 30,229 | 148 | 1.2x |
| Wilmette, IL | 27,550 | 164 | 1.3x |
| Libertyville, IL | 20,493 | 135 | 1.1x |
| Lake Zurich, IL | 19,727 | 127 | 1.0x |
