North Chicago, IL Cost Of Living

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

Cost Of Living In North Chicago, IL Summary

Cost of living in North Chicago 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 North Chicago 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 North Chicago is 99, with 100 being the average.

  • The cost of living index in North Chicago is 1.0x lower than the national average.

  • North Chicago ranks as the #163 cheapest in Illinois out of 338.

  • North Chicago ranks as the #3,027 cheapest out of 6,412 in the US.

  • The median home value in North Chicago is $117,300.

  • The median income in North Chicago is $47,884.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
North Chicago's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in North Chicago, IL?

According to the most recent data on the cost of living, North Chicago has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.

Compared to Illinois, North Chicago has a cost of living index that's 1.1x higher than Illinois's index of 92.

The standard of living in North Chicago ranks as #163 most affordable out of the 338 places we measured in Illinois. By definition, that implies North Chicago ranks as the #175 most expensive place in the Prairie State.

For more reading on life in North Chicago, check out:

163 out of 338
In Illinois
3,027 out of 6,412
In America

North Chicago Cost Of Living Vs. Illinois

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

  • The Services index in North Chicago is 115.

  • The Groceries index in North Chicago is 106.

  • The Health index in North Chicago is 100.

  • The Housing index in North Chicago is 77.

  • The Transportation index in North Chicago is 115.

  • The Utilities index in North Chicago is 92.

Living Expense North Chicago Illinois National Average
Overall 99 92 100
Services 115 95 100
Groceries 106 98 100
Health 100 96 100
Housing 77 81 100
Transportation 115 105 100
Utilities 92 90 100
For more reading on cost of living around Illinois, check out:
North Chicago Cost of Living Vs. IL

North Chicago, 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 North Chicago is $117,300.

  • The Median Rent in North Chicago is $1,297.

  • The Median Income in North Chicago is $47,884.

  • The Home Value To Income in North Chicago is 2.4x.

  • The Rent To Monthly Income in North Chicago is 0.33x.

Statistic North Chicago Illinois United States
Median Home Value $117,300 $212,600 $244,900
Median Rent $1,297 $1,097 $1,163
Median Income $47,884 $72,563 $69,021
Home Value To Income 2.4x 2.9x 3.5x
Rent To Monthly Income 0.33x 0.18x 0.2x
Search Homes For Sale In North Chicago, IL
$117,300
Median Home Value
$1,297
Median Rent
$47,884
Median Income

North Chicago, IL Costs By Category

Detailed North Chicago Services Costs Vs. Illinois

Item North Chicago Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed North Chicago Groceries Costs Vs. Illinois

Item North Chicago Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed North Chicago Health Costs Vs. Illinois

Item North Chicago Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed North Chicago Transportation Costs Vs. Illinois

Item North Chicago Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed North Chicago Utilities Costs Vs. Illinois

Item North Chicago Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

North Chicago SnackAbility

7
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
6
Diversity
10
Safety
N/A
Amenities
9.5
Education
6
Commute
9

Cost Of Living In Cities Around North Chicago

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

  • Waukegan, IL has a cost of living index of 98, 1.0x North Chicago.

  • Arlington Heights, IL has a cost of living index of 125, 1.3x North Chicago.

  • Glenview, IL has a cost of living index of 147, 1.5x North Chicago.

City Population Cost Of Living Vs. North Chicago
Waukegan, IL 89,751 98 1.0x
Arlington Heights, IL 77,283 125 1.3x
Glenview, IL 48,150 147 1.5x
Buffalo Grove, IL 43,062 121 1.2x
Northbrook, IL 35,108 156 1.6x
Gurnee, IL 30,826 117 1.2x
Highland Park, IL 30,245 152 1.5x
Wilmette, IL 27,895 166 1.7x
Libertyville, IL 20,616 134 1.4x
Lake Zurich, IL 19,807 125 1.3x

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