Cost of Living in Round Lake Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.4
100 = national avg
+2.4 vs national average
Living Wage (1 Adult)
$45,063
per year
Living Wage (Family of 4)
$106,514
per year
Cost Index by Category
Housing121.1
Food93.9
Transportation87.9
Healthcare95.2
Utilities100.6
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 Round Lake Park is 102.4, which is 2.4% above the national average. Housing costs are above the national average at an index of 121.1. A single adult needs to earn approximately $45,063 per year to cover basic expenses.