Cost of Living in Loves Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.4
100 = national avg
-0.6 vs national average
Living Wage (1 Adult)
$43,754
per year
Living Wage (Family of 4)
$103,419
per year
Cost Index by Category
Housing111.0
Food94.8
Transportation89.6
Healthcare95.9
Utilities99.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$895
per month
2 Bedroom
$1,175
per month
The overall cost of living index in Loves Park is 99.4, which is 0.6% below the national average. Housing costs are above the national average at an index of 111.0. A single adult needs to earn approximately $43,754 per year to cover basic expenses.