Lemont, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Lemont, IL Summary

Cost of living in Lemont 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 Lemont 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 Lemont is 118, with 100 being the average.

  • The cost of living index in Lemont is 1.2x higher than the national average.

  • Lemont ranks as the #287 cheapest in Illinois out of 338.

  • Lemont ranks as the #4,687 cheapest out of 6,412 in the US.

  • The median home value in Lemont is $389,000.

  • The median income in Lemont is $119,750.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
118
Lemont's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Lemont, IL?

According to the most recent data on the cost of living, Lemont has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.

Compared to Illinois, Lemont has a cost of living index that's 1.3x higher than Illinois's index of 92.

The standard of living in Lemont ranks as #287 most affordable out of the 338 places we measured in Illinois. By definition, that implies Lemont ranks as the #51 most expensive place in the Prairie State.

For more reading on life in Lemont, check out:

287 out of 338
In Illinois
4,687 out of 6,412
In America

Lemont Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Lemont. Here is how it fairs on each of the criteria:

  • The Services index in Lemont is 97.

  • The Groceries index in Lemont is 96.

  • The Health index in Lemont is 111.

  • The Housing index in Lemont is 156.

  • The Transportation index in Lemont is 111.

  • The Utilities index in Lemont is 87.

Living Expense Lemont Illinois National Average
Overall 118 92 100
Services 97 95 100
Groceries 96 98 100
Health 111 96 100
Housing 156 81 100
Transportation 111 105 100
Utilities 87 90 100
For more reading on cost of living around Illinois, check out:
Lemont Cost of Living Vs. IL

Lemont, 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 Lemont is $389,000.

  • The Median Rent in Lemont is $1,184.

  • The Median Income in Lemont is $119,750.

  • The Home Value To Income in Lemont is 3.2x.

  • The Rent To Monthly Income in Lemont is 0.12x.

Statistic Lemont Illinois United States
Median Home Value $389,000 $212,600 $244,900
Median Rent $1,184 $1,097 $1,163
Median Income $119,750 $72,563 $69,021
Home Value To Income 3.2x 2.9x 3.5x
Rent To Monthly Income 0.12x 0.18x 0.2x
Search Homes For Sale In Lemont, IL
$389,000
Median Home Value
$1,184
Median Rent
$119,750
Median Income

Lemont, IL Costs By Category

Detailed Lemont Services Costs Vs. Illinois

Item Lemont Illinois
Shampoo $1.08 $1.06
Movie $10.54 $10.68
Bowling $15.5 $14.67
Haircut $20.12 $18.62
Beauty Salon $37.89 $39.05

Detailed Lemont Groceries Costs Vs. Illinois

Item Lemont Illinois
Ground Beef $4.97 $4.22
Fried Chicken $1.29 $1.39
Milk $1.69 $2.05
Potatoes $3.81 $3.29
Pizza $10.98 $10.62
Beer $8.53 $9.38
Toothpaste $2.73 $2.34

Detailed Lemont Health Costs Vs. Illinois

Item Lemont Illinois
Optometrist $107.11 $108.57
Doctor $157.4 $116.17
Dentist $103.57 $99.13

Detailed Lemont Transportation Costs Vs. Illinois

Item Lemont Illinois
Gasoline $2.4 $2.22
Tire Balancing $56.78 $50.07

Detailed Lemont Utilities Costs Vs. Illinois

Item Lemont Illinois
All Electricity $130.12 $167.67
Phone $191.29 $175.64

Lemont SnackAbility

10
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
8
Diversity
6
Safety
9
Amenities
8.5
Education
9
Commute
3

Cost Of Living In Cities Around Lemont

The cost of living varies in the cities and towns around Lemont. Here's a quick look at the cost of living in the most populous nearby places:

  • Naperville, IL has a cost of living index of 125, 1.1x Lemont.

  • Bolingbrook, IL has a cost of living index of 103, 0.9x Lemont.

  • Orland Park, IL has a cost of living index of 112, 0.9x Lemont.

City Population Cost Of Living Vs. Lemont
Naperville, IL 149,013 125 1.1x
Bolingbrook, IL 73,807 103 0.9x
Orland Park, IL 58,622 112 0.9x
Wheaton, IL 53,762 118 1.0x
Elmhurst, IL 45,661 131 1.1x
Romeoville, IL 40,099 103 0.9x
Woodridge, IL 34,161 110 0.9x
Glen Ellyn, IL 28,506 132 1.1x
Lockport, IL 26,070 104 0.9x
Homer Glen, IL 24,664 120 1.0x

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