Cost of living in Crystal 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 Crystal 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 Crystal Lake is 103, with 100 being the average.
The cost of living index in Crystal Lake is 1.0x higher than the national average.
Crystal Lake ranks as the #186 cheapest in Illinois out of 338.
Crystal Lake ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Crystal Lake is $241,500.
The median income in Crystal Lake is $96,274.
According to the most recent data on the cost of living, Crystal Lake has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Illinois, Crystal Lake has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Crystal Lake ranks as #186 most affordable out of the 338 places we measured in Illinois. By definition, that implies Crystal Lake ranks as the #152 most expensive place in the Prairie State.
For more reading on life in Crystal Lake, check out:
Six factors go into calculating the cost of living index in Crystal Lake. Here is how it fairs on each of the criteria:
The Services index in Crystal Lake is 96.
The Groceries index in Crystal Lake is 94.
The Health index in Crystal Lake is 110.
The Housing index in Crystal Lake is 112.
The Transportation index in Crystal Lake is 107.
The Utilities index in Crystal Lake is 88.
Living Expense | Crystal Lake | Illinois | National Average | |
---|---|---|---|---|
Overall | 103 | 92 | 100 | |
Services | 96 | 95 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 110 | 96 | 100 | |
Housing | 112 | 81 | 100 | |
Transportation | 107 | 105 | 100 | |
Utilities | 88 | 90 | 100 |
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 Crystal Lake is $241,500.
The Median Rent in Crystal Lake is $1,336.
The Median Income in Crystal Lake is $96,274.
The Home Value To Income in Crystal Lake is 2.5x.
The Rent To Monthly Income in Crystal Lake is 0.17x.
Statistic | Crystal Lake | Illinois | United States |
---|---|---|---|
Median Home Value | $241,500 | $212,600 | $244,900 |
Median Rent | $1,336 | $1,097 | $1,163 |
Median Income | $96,274 | $72,563 | $69,021 |
Home Value To Income | 2.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Crystal Lake | Illinois |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $11.76 | $10.68 |
Bowling | $12.42 | $14.67 |
Haircut | $15.8 | $18.62 |
Beauty Salon | $32.1 | $39.05 |
Item | Crystal Lake | Illinois |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.49 | $1.39 |
Milk | $1.57 | $2.05 |
Potatoes | $3.35 | $3.29 |
Pizza | $10.49 | $10.62 |
Beer | $8.17 | $9.38 |
Toothpaste | $2.31 | $2.34 |
Item | Crystal Lake | Illinois |
---|---|---|
Optometrist | $73.81 | $108.57 |
Doctor | $162.33 | $116.17 |
Dentist | $102.11 | $99.13 |
Item | Crystal Lake | Illinois |
---|---|---|
Gasoline | $2.39 | $2.22 |
Tire Balancing | $50.79 | $50.07 |
Item | Crystal Lake | Illinois |
---|---|---|
All Electricity | $130.38 | $167.67 |
Phone | $191.29 | $175.64 |
The cost of living varies in the cities and towns around Crystal Lake. Here's a quick look at the cost of living in the most populous nearby places:
Palatine, IL has a cost of living index of 117, 1.1x Crystal Lake.
Hoffman Estates, IL has a cost of living index of 118, 1.1x Crystal Lake.
Buffalo Grove, IL has a cost of living index of 121, 1.2x Crystal Lake.
City | Population | Cost Of Living | Vs. Crystal Lake |
---|---|---|---|
Palatine, IL | 67,754 | 117 | 1.1x |
Hoffman Estates, IL | 52,153 | 118 | 1.1x |
Buffalo Grove, IL | 43,062 | 121 | 1.2x |
Bartlett, IL | 41,126 | 117 | 1.1x |
Mundelein, IL | 31,596 | 113 | 1.1x |
Algonquin, IL | 29,869 | 109 | 1.1x |
Lake in the Hills, IL | 29,024 | 106 | 1.0x |
Vernon Hills, IL | 26,723 | 126 | 1.2x |
Libertyville, IL | 20,616 | 134 | 1.3x |
Lake Zurich, IL | 19,807 | 125 | 1.2x |