Housing costs in Fox Lake?
A typical home costs
$209,900, which is 37.9% less expensive than the national average of
$338,100 and 13.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Fox Lake costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 4.5% more than the state average of
$1,260.
Can I afford Fox Lake?
To live comfortably in Fox Lake, Illinois, a minimum annual income of
$40,320 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Fox Lake?
The cost of living in Fox Lake, IL is quite affordable. The median home value is just over $150,000, and the median household income is around $70,000. Utilities are also fairly low in Fox Lake, with electricity costing around 8-10 cents per kilowatt hour and natural gas averaging about $50 per month. Additionally, groceries are relatively inexpensive in this area, with an average of just over $3 for a gallon of milk and under $2 for a dozen eggs. Even more affordable fun can be had in Fox Lake as entertainment costs tend to be lower than the national average. All of these factors contribute to an overall low cost of living that makes Fox Lake an attractive option for those looking to stay within a budget while enjoying all the charm that this small town has to offer.