Zip 60712 (Lincolnwood, IL) Cost of Living


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Lincolnwood cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Lincolnwood (zip 60712), Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

Zip 60712 (Lincolnwood, IL)

Housing costs in Lincolnwood?
A typical home costs $441,300, which is 30.5% more expensive than the national average of $338,100 and 82.6% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Lincolnwood costs $2,170 per month, which is 72.2% more than the national average of $1,260 and 35.5% more than the state average of $1,400.

Can I afford Lincolnwood?
To live comfortably in Lincolnwood (zip 60712), Illinois, a minimum annual income of $84,600 for a family, and $75,600 for a single person is recommended.

What does A.I. say about Lincolnwood?
The cost of living in Lincolnwood, IL (60712) is relatively high compared to the rest of the country. The median home value is around $360,000 and rental prices typically range from about $900 for a one-bedroom apartment to $2,500 for a four-bedroom house. The cost of groceries is about 10% higher than the national average and transportation costs are slightly higher as well. Overall, residents can expect to pay slightly more than other parts of the country when it comes to their living expenses in 60712 Lincolnwood, IL.
   Cost of living score
     CategoriesLincolnwoodIllinoisUnited States
  105.793.7100.0
  101.494100
  88.096.9100.0
  146.180.2100.0
  $441,300$241,700$338,100
  93.4%97.7%100.0%
  129.2106.2100.0
  139.7107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime