Fox Lake, IL Cost Of Living
Cost Of Living In Fox Lake, IL Summary
Cost of living in Fox Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fox Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fox Lake is 99, with 100 being the average.
The cost of living index in Fox Lake is 1.0x lower than the national average.
Fox Lake ranks as the #163 cheapest in Illinois out of 338.
Fox Lake ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Fox Lake is $187,300.
The median income in Fox Lake is $64,221.
Table Of Contents
Fox Lake's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fox Lake, IL?
According to the most recent data on the cost of living, Fox Lake has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Illinois, Fox Lake has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Fox Lake ranks as #163 most affordable out of the 338 places we measured in Illinois. By definition, that implies Fox Lake ranks as the #175 most expensive place in the Prairie State.
For more reading on life in Fox Lake, check out:
- Living In Fox Lake
- Fox Lake Crime Report
- Search Homes For Sale In Fox Lake, IL
In Illinois
In America
Fox Lake Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Fox Lake. Here is how it fairs on each of the criteria:
The Services index in Fox Lake is 113.
The Groceries index in Fox Lake is 106.
The Health index in Fox Lake is 101.
The Housing index in Fox Lake is 82.
The Transportation index in Fox Lake is 112.
The Utilities index in Fox Lake is 93.
| Living Expense | Fox Lake | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 99 | 92 | 100 | |
| Services | 113 | 95 | 100 | |
| Groceries | 106 | 98 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 82 | 81 | 100 | |
| Transportation | 112 | 105 | 100 | |
| Utilities | 93 | 90 | 100 | |
Fox Lake, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fox Lake is $187,300.
The Median Rent in Fox Lake is $1,049.
The Median Income in Fox Lake is $64,221.
The Home Value To Income in Fox Lake is 2.9x.
The Rent To Monthly Income in Fox Lake is 0.2x.
| Statistic | Fox Lake | Illinois | United States |
|---|---|---|---|
| Median Home Value | $187,300 | $212,600 | $244,900 |
| Median Rent | $1,049 | $1,097 | $1,163 |
| Median Income | $64,221 | $72,563 | $69,021 |
| Home Value To Income | 2.9x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Fox Lake, IL Costs By Category
Detailed Fox Lake Services Costs Vs. Illinois
Detailed Fox Lake Groceries Costs Vs. Illinois
Detailed Fox Lake Health Costs Vs. Illinois
Detailed Fox Lake Transportation Costs Vs. Illinois
Detailed Fox Lake Utilities Costs Vs. Illinois
Fox Lake SnackAbility
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Cost Of Living In Cities Around Fox Lake
The cost of living varies in the cities and towns around Fox Lake. Here's a quick look at the cost of living in the most populous nearby places:
Mundelein, IL has a cost of living index of 113, 1.1x Fox Lake.
Gurnee, IL has a cost of living index of 117, 1.2x Fox Lake.
Vernon Hills, IL has a cost of living index of 126, 1.3x Fox Lake.
| City | Population | Cost Of Living | Vs. Fox Lake |
|---|---|---|---|
| Mundelein, IL | 31,596 | 113 | 1.1x |
| Gurnee, IL | 30,826 | 117 | 1.2x |
| Vernon Hills, IL | 26,723 | 126 | 1.3x |
| Libertyville, IL | 20,616 | 134 | 1.4x |
| Lake Zurich, IL | 19,807 | 125 | 1.3x |
| Lindenhurst, IL | 14,453 | 113 | 1.1x |
| Hawthorn Woods, IL | 8,959 | 168 | 1.7x |
| Lake Villa, IL | 8,741 | 103 | 1.0x |
| Long Grove, IL | 8,258 | 170 | 1.7x |
| Johnsburg, IL | 6,399 | 107 | 1.1x |
