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Cost of Living in Island Lake, IL

Population: 8,023 | Illinois

112
Cost of Living Index
US Average = 100

Island Lake is 12% more expensive than the national average.

141
Housing
79
Home Values
102
Regional Price

Income

Median Household Income
$98,125
vs US Median ($75,149)
+31%

Housing

Median Rent
$1,855/mo
Median Home Value
$241,900
Median Monthly Housing Cost
$1,697/mo

Everyday Prices in Island Lake

BLS Average Prices for the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) area

$3.20
Gasoline (regular)
per gallon
+4% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+4% vs US
🥛
$4.20
Milk (whole)
per gallon
+4% vs US
🍞
$1.93
Bread (white)
per lb
+4% vs US
🍗
$4.32
Chicken breast
per lb
+4% vs US
$0.15
Electricity
per kWh
-23% vs US

Climate in Island Lake

NOAA 30-year normals (1991-2020)

50.8°F
Avg Temperature
32.3"
Rainfall / Year
112d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 32 36 47 58 70 80 84 82 75 63 49 37
Avg °F 25 29 38 49 60 70 75 73 66 54 41 30
Low °F 18 21 30 39 50 60 66 65 56 45 33 24
Rain" 1.3 1.3 1.8 3.3 3.8 4.0 3.2 3.7 3.0 3.1 2.2 1.6

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