What is the cost of living in Twin Lakes, WI?
According to the most recent data on the cost of living, Twin Lakes has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Wisconsin, Twin Lakes has a cost of living index that's 1.0x higher than Wisconsin's index of 98.
The standard of living in Twin Lakes ranks as #92 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Twin Lakes ranks as the #54 most expensive place in the Badger State.
For more reading on life in Twin Lakes, check out:
Twin Lakes Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Twin Lakes. Here is how it fares on each of the criteria:
The Services index in Twin Lakes is 98.
The Groceries index in Twin Lakes is 103.
The Health index in Twin Lakes is 117.
The Housing index in Twin Lakes is 99.
The Transportation index in Twin Lakes is 97.
The Utilities index in Twin Lakes is 95.
| Living Expense | Twin Lakes | Wisconsin | National Average |
|---|---|---|---|
| Overall | 102 | 98 | 100 |
| Services | 98 | 98 | 100 |
| Groceries | 103 | 100 | 100 |
| Health | 117 | 91 | 100 |
| Housing | 99 | 99 | 100 |
| Transportation | 97 | 102 | 100 |
| Utilities | 95 | 100 | 100 |
Twin Lakes Cost Of Living Compared To Wisconsin Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Wisconsin, check out:
Protect your home budget Compare home warranties in Twin Lakes Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Twin Lakes, WI Housing Cost Breakdown
Housing swings affordability the most between places in Wisconsin, 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 Twin Lakes is $394,923.
The Median Rent in Twin Lakes is $870.
The Median Income in Twin Lakes is $86,222.
The Home Value To Income in Twin Lakes is 4.6x.
The Rent To Monthly Income in Twin Lakes is 0.12x.
| Statistic | Twin Lakes | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $394,923 | $330,171 | $332,700 |
| Median Rent | $870 | $1,087 | $1,413 |
| Median Income | $86,222 | $77,485 | $80,734 |
| Home Value To Income | 4.6x | 4.3x | 4.1x |
| Rent To Monthly Income | 0.12x | 0.17x | 0.21x |
Twin Lakes, WI Costs By Category
Detailed Twin Lakes Services costs vs. Wisconsin
| Item | Twin Lakes | Wisconsin |
|---|---|---|
| Shampoo | $1.07 | $1.28 |
| Movie | $10.26 | $12.13 |
| Bowling | $10.03 | $18 |
| Haircut | $20.21 | $24.26 |
| Beauty Salon | $33.25 | $45.56 |
Detailed Twin Lakes Groceries costs vs. Wisconsin
| Item | Twin Lakes | Wisconsin |
|---|---|---|
| Ground Beef | $6.05 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $4.1 | $4.93 |
| Pizza | $11.33 | $12.09 |
| Beer | $8.52 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Twin Lakes Health costs vs. Wisconsin
| Item | Twin Lakes | Wisconsin |
|---|---|---|
| Optometrist | $278.65 | $125.68 |
| Doctor | $223.73 | $135.78 |
| Dentist | $106.79 | $113.29 |
Detailed Twin Lakes Transportation costs vs. Wisconsin
| Item | Twin Lakes | Wisconsin |
|---|---|---|
| Gasoline | $3.3 | $3.46 |
| Tire Balancing | $44.14 | $59.92 |
Detailed Twin Lakes Utilities costs vs. Wisconsin
| Item | Twin Lakes | Wisconsin |
|---|---|---|
| All Electricity | $182.69 | $193.99 |
| Phone | $185.79 | $192.25 |
Twin Lakes SnackAbility
Cost Of Living In Cities Around Twin Lakes
The cost of living varies in the cities and towns around Twin Lakes. Here's a quick look at the cost of living in the most populous nearby places:
Gurnee, IL has a cost of living index of 111, 1.1x Twin Lakes.
Grayslake, IL has a cost of living index of 106, 1.0x Twin Lakes.
Round Lake, IL has a cost of living index of 106, 1.0x Twin Lakes.
| City | Population | Cost Of Living | Vs. Twin Lakes |
|---|---|---|---|
| Gurnee, IL | 30,510 | 111 | 1.1x |
| Grayslake, IL | 20,929 | 106 | 1.0x |
| Round Lake, IL | 18,628 | 106 | 1.0x |
| Antioch, IL | 14,859 | 107 | 1.0x |
| Lindenhurst, IL | 14,417 | 110 | 1.1x |
| Wauconda, IL | 14,027 | 106 | 1.0x |
| Gages Lake, IL | 10,819 | 111 | 1.1x |
| Lake Villa, IL | 8,683 | 113 | 1.1x |
| Spring Grove, IL | 5,917 | 125 | 1.2x |
| Grandwood Park, IL | 5,262 | 113 | 1.1x |
