Lake Forest, Illinois vs. Bannockburn, Illinois

Cost of Living Comparison

The cost of living in Bannockburn, Illinois is 4.3% cheaper than Lake Forest, Illinois.

You would need a salary of $47,874 in Bannockburn, Illinois to maintain the standard of living you have in Lake Forest, Illinois.
Comparison highlights
• Overall, Bannockburn, Illinois is cheaper than Lake Forest, Illinois
• HousingRent is the biggest factor in the cost of living difference.
HousingRent
54% cheaper in Bannockburn
than in Lake Forest, Illinois
Lake Forest, IL vs. Bannockburn, IL
Compared to Lake Forest, Bannockburn is:
  Homeowner
      No Child Care, Taxes not Considered
  4.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.3% lower
  Housing (Homeowner)
  42.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.1% higher
  Commute
  20.6% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.0% higher