Cost of Living in Grayslake, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
167.1
100 = national avg
+67.1 vs national average
Living Wage (1 Adult)
$73,508
per year
Living Wage (Family of 4)
$173,746
per year
Cost Index by Category
Housing192.5
Food136.9
Transportation173.8
Healthcare129.5
Utilities140.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Grayslake is 167.1, which is 67.1% above the national average. Housing costs are above the national average at an index of 192.5. A single adult needs to earn approximately $73,508 per year to cover basic expenses.