Cost of Living in Lake County, IL

Modeled annual cost: $61,624.

Median family income: $132,828.

IL Median $46,460

Lake County, IL Affordability at a glance

Median Income

$132,828

Estimated Annual Costs

$61,624

Cost/Income Ratio

46.4%

State Rank

#2Most expensive counties in IL out of 102See Illinois county rankings

Location Type

Metro

Biggest category:

Housing is the biggest expense in Lake County, IL.

$17,837 per year.*28.94% of total modeled yearly costs.

Cost breakdown

Total

$61,624

Per year

  • Housing:
    $17,83728.9%
  • Taxes:
    $13,79522.4%
  • Transport:
    $13,31621.6%
  • Other Costs:
    $6,97811.3%
  • Healthcare:
    $5,0608.2%
  • Food:
    $4,6397.5%

* Percentages may not add up to 100% due to rounding.

See how Lake County, IL compares across the country.

Explore our cost of living interactive map to compare Lake County, IL with multiple counties in the United States.

How WatchPennies calculates salary needed