Schaumburg, Illinois vs. Lake Forest, Illinois

Cost of Living Comparison

The cost of living in Lake Forest, Illinois is 46.7% more expensive than Schaumburg, Illinois.

You would need a salary of $68,968 in Lake Forest, Illinois to maintain the standard of living you have in Schaumburg, Illinois.
Comparison highlights
• Overall, Lake Forest, Illinois is more expensive than Schaumburg, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
229% more expensive in Lake Forest
than in Schaumburg, Illinois
Schaumburg, IL vs. Lake Forest, IL
Compared to Schaumburg, Lake Forest is:
  Homeowner
      No Child Care, Taxes not Considered
  46.7% higher
      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
  11.5% higher
  Housing (Homeowner)
  211.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  6.0% lower
  Commute
  25.3% lower
  Health
  9.4% higher
  Taxes
  Childcare
  Personal
  1.5% higher