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Cost of Living in Lake Forest, IL

199.7
Very Expensive · National average is 100

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$202,153
Median Income
$1,948/mo
Median Rent
$894,400
Median Home
19,436
Population

Cost Breakdown

🏠Housing
197.1
0Nat'l Avg (100)200
🛒Groceries
183.3
0Nat'l Avg (100)200
🚗Transportation
183.7
0Nat'l Avg (100)200
🏥Healthcare
182.9
0Nat'l Avg (100)200
⚡Utilities
180.7
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,519
est.
$1,714
est.
$1,948$2,493
est.
$2,844
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Lake Forest with cities in the area

Bannockburn, IL
Very Expensive
199.3
Lake Bluff, IL
Very Expensive
175.2
Highwood, IL
Expensive
145.7
Deerfield, IL
Very Expensive
170.7
Highland Park, IL
Very Expensive
160.9
Lincolnshire, IL
Very Expensive
188.5
Compare Lake Forest vs BannockburnCompare Lake Forest vs Lake BluffCompare Lake Forest vs Highwood