Cost of Living in Highwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
176.4
100 = national avg
+76.4 vs national average
Living Wage (1 Adult)
$77,636
per year
Living Wage (Family of 4)
$183,503
per year
Cost Index by Category
Housing239.6
Food127.9
Transportation155.7
Healthcare122.3
Utilities144.6
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 Highwood is 176.4, which is 76.4% above the national average. Housing costs are above the national average at an index of 239.6. A single adult needs to earn approximately $77,636 per year to cover basic expenses.