Zip 60048 (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 (zip 60048), 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.

Zip 60048 (Libertyville, IL)

Housing costs in Libertyville?
A typical home costs $466,000, which is 37.8% more expensive than the national average of $338,100 and 92.8% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Libertyville costs $1,710 per month, which is 19.6% more than the national average of $1,430 and 26.3% more than the state average of $1,260.

Can I afford Libertyville?
To live comfortably in Libertyville (zip 60048), Illinois, a minimum annual income of $89,280 for a family, and $59,600 for a single person is recommended.

What does A.I. say about Libertyville?
The cost of living in 60048 Libertyville, IL is relatively high compared to the national average. The median home value is around $370,000 and the median household income is approximately $87,500. The overall cost of goods and services is around 17% higher than the national average. Rent prices are also above average with a typical one-bedroom apartment renting for around $1,200 per month. Although living in Libertyville can be expensive, it offers plenty of amenities such as top-notch schools, quality parks and recreational facilities along with being located close to Lake Michigan and Chicago.
   Cost of living score
     CategoriesLibertyvilleIllinoisUnited States
  97.093.7100.0
  102.294100
  96.396.9100.0
  153.480.2100.0
  $466,000$241,700$338,100
  94.0%97.7%100.0%
  86.6106.2100.0
  140.7107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime