Cost of Living in Lincolnshire, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
260.6
100 = national avg
+160.6 vs national average
Living Wage (1 Adult)
$114,684
per year
Living Wage (Family of 4)
$271,071
per year
Cost Index by Category
Housing324.0
Food187.4
Transportation274.8
Healthcare169.9
Utilities197.2
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 Lincolnshire is 260.6, which is 160.6% above the national average. Housing costs are above the national average at an index of 324.0. A single adult needs to earn approximately $114,684 per year to cover basic expenses.