Waukegan, IL Cost Of Living
Cost Of Living In Waukegan, IL Summary
Cost of living in Waukegan 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 Waukegan 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 Waukegan is 97, with 100 being the average.
The cost of living index in Waukegan is 1.0x lower than the national average.
Waukegan ranks as the #123 cheapest in Illinois out of 336.
Waukegan ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Waukegan is $233,447.
The median income in Waukegan is $70,578.
Table Of Contents
Waukegan's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Waukegan, IL?
According to the most recent data on the cost of living, Waukegan has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Illinois, Waukegan has a cost of living index that's 1.0x lower than Illinois's index of 97.
The standard of living in Waukegan ranks as #123 most affordable out of the 336 places we measured in Illinois. By definition, that implies Waukegan ranks as the #213 most expensive place in the Prairie State.
For more reading on life in Waukegan, check out:
In Illinois
In America
Waukegan Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Waukegan. Here is how it fairs on each of the criteria:
The Services index in Waukegan is 107.
The Groceries index in Waukegan is 105.
The Health index in Waukegan is 110.
The Housing index in Waukegan is 84.
The Transportation index in Waukegan is 109.
The Utilities index in Waukegan is 90.
| Living Expense | Waukegan | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 97 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 110 | 93 | 100 | |
| Housing | 84 | 95 | 100 | |
| Transportation | 109 | 102 | 100 | |
| Utilities | 90 | 91 | 100 | |
Waukegan, 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 Waukegan is $233,447.
The Median Rent in Waukegan is $1,163.
The Median Income in Waukegan is $70,578.
The Home Value To Income in Waukegan is 3.3x.
The Rent To Monthly Income in Waukegan is 0.2x.
Median Home Value
Median Rent
Median Income
Waukegan, IL Costs By Category
Detailed Waukegan Services Costs Vs. Illinois
Detailed Waukegan Groceries Costs Vs. Illinois
Detailed Waukegan Health Costs Vs. Illinois
Detailed Waukegan Transportation Costs Vs. Illinois
Detailed Waukegan Utilities Costs Vs. Illinois
Waukegan SnackAbility
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Cost Of Living In Cities Around Waukegan
The cost of living varies in the cities and towns around Waukegan. 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, 1.3x Waukegan.
Glenview, IL has a cost of living index of 149, 1.5x Waukegan.
Buffalo Grove, IL has a cost of living index of 125, 1.3x Waukegan.
| City | Population | Cost Of Living | Vs. Waukegan |
|---|---|---|---|
| Arlington Heights, IL | 76,220 | 124 | 1.3x |
| Glenview, IL | 47,682 | 149 | 1.5x |
| Buffalo Grove, IL | 42,824 | 125 | 1.3x |
| Northbrook, IL | 34,642 | 153 | 1.6x |
| North Chicago, IL | 30,772 | 95 | 1.0x |
| Gurnee, IL | 30,486 | 117 | 1.2x |
| Highland Park, IL | 30,229 | 148 | 1.5x |
| Lake Zurich, IL | 19,727 | 127 | 1.3x |
| Deerfield, IL | 19,185 | 148 | 1.5x |
| Beach Park, IL | 13,988 | 102 | 1.1x |
