Highwood, IL Cost of Living


1 Reviews



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How much do I need to live in Highwood, Illinois?
$5,970 / month
for a family, 10.6% more expensive than the national average A total of $71,640 for the year for a family.
$4,533 / month
for a single person, 4.9% less expensive than the national average A total of $54,400 for the year for a single person.

Highwood cost of living score
97
Less expensive
3.0% lower
than the US average
3.5% higher
than the Illinois average
Highwood, 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.

Highwood, IL

Housing costs in Highwood?
A typical home costs $374,400, which is 10.7% more expensive than the national average of $338,100 and 54.9% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Highwood costs $1,560 per month, which is 9.1% more than the national average of $1,430 and 19.2% more than the state average of $1,260.

Can I afford Highwood?
To live comfortably in Highwood, Illinois, a minimum annual income of $71,640 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Highwood?
Highwood, IL is a relatively affordable city to live in. The cost of living is lower than the national average, making it an attractive option for those looking for a more affordable lifestyle. Housing costs are particularly attractive, with median house prices well below the state and national averages. While food and transportation costs are slightly higher than other parts of the country, overall living expenses remain low. This makes Highwood an excellent choice for those seeking to keep their cost of living low while still enjoying all that this vibrant city has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHighwoodIllinoisUnited States
    Unlock93.7100.0
  99.2  Unlock100.0
    Unlock96.9100.0
  124.9  Unlock100.0
    Unlock$241,700$338,100
  95.0  Unlock100.0
    Unlock106.2100.0
  141.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Highwood
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Over 10 years ago

I lived in Highwood for 10 years; many of my friends and neighbors had frozen pipes during the winter from the street to their homes and had NO water for months. The  More

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