Lake Carroll, IL Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Illinois / No Metro Area / Carroll County / Lake Carroll / Zip Codes
How much do I need to live in Lake Carroll, Illinois?
$4,710 / month
for a family, 12.8% less expensive than the national average A total of $56,520 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Lake Carroll cost of living score
76.5
Less expensive
23.5% lower
than the US average
18.4% lower
than the Illinois average
Lake Carroll, Illinois gets a BestPlaces Cost of Living score of 76.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.5% lower than the U.S. average and 18.4% higher than the average for Illinois.

Lake Carroll, IL

Housing costs in Lake Carroll?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Lake Carroll costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,260.

Can I afford Lake Carroll?
To live comfortably in Lake Carroll, Illinois, a minimum annual income of $56,520 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Lake Carroll?
The cost of living in Lake Carroll, IL is overall lower than the US average. This is due to the fact that the median value for a house in Lake Carroll is lower than the national average, meaning that it is more affordable to live there. Additionally, other costs such as food and healthcare tend to be lower as well. This makes it an attractive option for those looking for an affordable place to live without sacrificing quality.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake CarrollIllinoisUnited States
    Unlock93.7100.0
Grocery 94100

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Lake Carroll, IL
cost of living
Compare food, housing, utilities, and more in Lake Carroll, Illinois to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.