Cost of Living in Lake County, IL
What does it cost to live in Lake County? Income, housing, and affordability breakdown.
Median Income
$104,553
Median Rent
$1,382/mo
Median Home
$313,700
Affordability
362
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Lake County, Illinois
Lake County has a median household income of $104,553 with housing costs that represent 27.6% of income for owners and 15.9% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 362 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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