Highland, IL Cost Of Living
Cost Of Living In Highland, IL Summary
Cost of living in Highland 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 Highland 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 Highland is 88, with 100 being the average.
The cost of living index in Highland is 0.9x lower than the national average.
Highland ranks as the #82 cheapest in Illinois out of 338.
Highland ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Highland is $154,700.
The median income in Highland is $69,442.
Table Of Contents
Highland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Highland, IL?
According to the most recent data on the cost of living, Highland has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Illinois, Highland has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Highland ranks as #82 most affordable out of the 338 places we measured in Illinois. By definition, that implies Highland ranks as the #256 most expensive place in the Prairie State.
For more reading on life in Highland, check out:
- Living In Highland
- Highland Crime Report
- Search Homes For Sale In Highland, IL
In Illinois
In America
Highland Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Highland. Here is how it fairs on each of the criteria:
The Services index in Highland is 93.
The Groceries index in Highland is 103.
The Health index in Highland is 91.
The Housing index in Highland is 80.
The Transportation index in Highland is 89.
The Utilities index in Highland is 96.
| Living Expense | Highland | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 88 | 92 | 100 | |
| Services | 93 | 95 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 91 | 96 | 100 | |
| Housing | 80 | 81 | 100 | |
| Transportation | 89 | 105 | 100 | |
| Utilities | 96 | 90 | 100 | |
Highland, 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 Highland is $154,700.
The Median Rent in Highland is $778.
The Median Income in Highland is $69,442.
The Home Value To Income in Highland is 2.2x.
The Rent To Monthly Income in Highland is 0.13x.
| Statistic | Highland | Illinois | United States |
|---|---|---|---|
| Median Home Value | $154,700 | $212,600 | $244,900 |
| Median Rent | $778 | $1,097 | $1,163 |
| Median Income | $69,442 | $72,563 | $69,021 |
| Home Value To Income | 2.2x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Highland, IL Costs By Category
Detailed Highland Services Costs Vs. Illinois
Detailed Highland Groceries Costs Vs. Illinois
Detailed Highland Health Costs Vs. Illinois
Detailed Highland Transportation Costs Vs. Illinois
Detailed Highland Utilities Costs Vs. Illinois
Highland SnackAbility
/10
Cost Of Living In Cities Around Highland
The cost of living varies in the cities and towns around Highland. Here's a quick look at the cost of living in the most populous nearby places:
Lakeland, FL has a cost of living index of 90, 1.0x Highland.
Winter Haven, FL has a cost of living index of 89, 1.0x Highland.
Bartow, FL has a cost of living index of 90, 1.0x Highland.
| City | Population | Cost Of Living | Vs. Highland |
|---|---|---|---|
| Lakeland, FL | 110,401 | 90 | 1.0x |
| Winter Haven, FL | 48,707 | 89 | 1.0x |
| Bartow, FL | 18,880 | 90 | 1.0x |
| Lake Wales, FL | 16,173 | 88 | 1.0x |
| Auburndale, FL | 15,704 | 90 | 1.0x |
| Medulla, FL | 11,493 | 93 | 1.1x |
| Lakeland Highlands, FL | 11,326 | 105 | 1.2x |
| Fuller Heights, FL | 11,106 | 95 | 1.1x |
| Crystal Lake, FL | 5,862 | 83 | 0.9x |
| Combee Settlement, FL | 5,426 | 82 | 0.9x |
