Cost of Living in Pistakee Highlands, IL

With a cost of living index of 109, Pistakee Highlands, IL is somewhat more expensive than average. Living here is 9% more expensive than the national average and 29% above the Illinois state average of 80. Pistakee Highlands is a small community of 3,214 residents.

Housing costs are the biggest factor in Pistakee Highlands's cost of living. The median monthly rent is $1,864 (41% above the US median of $1,319), and the median home value sits at $198,700 (35% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Pistakee Highlands is $92,304, which is 23% higher than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Pistakee Highlands. The area sees an average annual temperature of 48.3°F, with summers averaging 69°F and winters around 26°F. Annual rainfall totals 35.3 inches spread over roughly 129 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.