Cost of Living in Lynwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.4
100 = national avg
+24.4 vs national average
Living Wage (1 Adult)
$54,732
per year
Living Wage (Family of 4)
$129,366
per year
Cost Index by Category
Housing145.3
Food108.6
Transportation117.1
Healthcare106.8
Utilities114.2
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 Lynwood is 124.4, which is 24.4% above the national average. Housing costs are above the national average at an index of 145.3. A single adult needs to earn approximately $54,732 per year to cover basic expenses.