Cost of Living in Lakemoor, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.9
100 = national avg
+54.9 vs national average
Living Wage (1 Adult)
$68,167
per year
Living Wage (Family of 4)
$161,122
per year
Cost Index by Category
Housing190.5
Food124.1
Transportation148.2
Healthcare119.3
Utilities132.6
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 Lakemoor is 154.9, which is 54.9% above the national average. Housing costs are above the national average at an index of 190.5. A single adult needs to earn approximately $68,167 per year to cover basic expenses.