Libertyville, IL Cost of Living


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

Libertyville, IL

Housing costs in Libertyville?
A typical home costs $481,600, which is 42.4% more expensive than the national average of $338,100 and 99.3% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Libertyville costs $1,720 per month, which is 20.3% more than the national average of $1,430 and 26.7% more than the state average of $1,260.

Can I afford Libertyville?
To live comfortably in Libertyville, Illinois, a minimum annual income of $92,160 for a family, and $60,000 for a single person is recommended.

What does A.I. say about Libertyville?
The cost of living in Libertyville, IL is slightly above the national average. The overall cost of goods and services is slightly higher than average, while housing costs are generally higher than other cities in Illinois. Home prices can range from mid-range to quite expensive, depending on the size and location of the property. Groceries, utilities, healthcare, transportation costs are all average for this area. However, taxes may be a bit high for those living and working in Libertyville. All in all, Libertyville offers an attractive quality of life that comes with a slightly higher cost of living than other places in Illinois.
   Cost of living score
     CategoriesLibertyvilleIllinoisUnited States
  97.093.7100.0
  102.294100
  96.396.9100.0
  156.780.2100.0
  $481,600$241,700$338,100
  95.0%97.7%100.0%
  87.9106.2100.0
  141.8107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Libertyville
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Very down to earth town, I love it that Libertyville is an upscale town with not so snobby people. I am very happy with raising my kids in this town. We have lived here  More

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Over 15 years ago

Small community on edge of a big  More

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Over 16 years ago

From the farmer's market and the restaurants to the forest preserves and schools. People are friendly and life is good here in  More

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