Cost of Living in Lake in the Hills, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

166.6

100 = national avg

+66.6 vs national average

Living Wage (1 Adult)

$73,308

per year

Living Wage (Family of 4)

$173,274

per year

Cost Index by Category

Housing
191.6
Food
136.7
Transportation
173.5
Healthcare
129.4
Utilities
140.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,781

per month

The overall cost of living index in Lake in the Hills is 166.6, which is 66.6% above the national average. Housing costs are above the national average at an index of 191.6. A single adult needs to earn approximately $73,308 per year to cover basic expenses.