Cost of Living in Highland Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
215.3
100 = national avg
+115.3 vs national average
Living Wage (1 Adult)
$94,749
per year
Living Wage (Family of 4)
$223,953
per year
Cost Index by Category
Housing271.6
Food173.7
Transportation155.7
Healthcare159.0
Utilities178.5
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 Highland Park is 215.3, which is 115.3% above the national average. Housing costs are above the national average at an index of 271.6. A single adult needs to earn approximately $94,749 per year to cover basic expenses.