Lincolnshire, IL Cost of Living


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Lincolnshire cost of living score
97
Less expensive
3.0% lower
than the US average
3.5% higher
than the Illinois average
Lincolnshire, Illinois gets a BestPlaces Cost of Living score of 97, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.0% lower than the U.S. average and 3.5% lower than the average for Illinois.

Lincolnshire, IL

Housing costs in Lincolnshire?
A typical home costs $572,500, which is 69.3% more expensive than the national average of $338,100 and 136.9% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Lincolnshire costs $2,170 per month, which is 51.7% more than the national average of $1,430 and 41.9% more than the state average of $1,260.

Can I afford Lincolnshire?
To live comfortably in Lincolnshire, Illinois, a minimum annual income of $109,800 for a family, and $75,600 for a single person is recommended.

What does A.I. say about Lincolnshire?
Lincolnshire, IL is a great place to live and work due to its relatively low cost of living. The median price for housing in the area is $355,000 and the median rent is around $1,700 per month. Utilities tend to be lower than most other cities due to energy-efficient appliances and regulations that aim to keep costs down. Transportation costs are also relatively low as you can take advantage of public transportation or use the free bike paths that connect major parts of the city. Groceries and other everyday items are also quite affordable in Lincolnshire, making it an ideal place for anyone looking for an affordable lifestyle.
   Cost of living score
     CategoriesLincolnshireIllinoisUnited States
  97.093.7100.0
  103.894100
  96.396.9100.0
  172.680.2100.0
  $572,500$241,700$338,100
  95.0%97.7%100.0%
  90.0106.2100.0
  141.2107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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