Home / Illinois / Willow Lake

Cost of Living in Willow Lake, IL

Population: 838 | Illinois

86
Cost of Living Index
US Average = 100

Willow Lake is 14% less expensive than the national average.

100
Housing
51
Home Values
96
Regional Price

Cost of Living in Willow Lake, IL: What You Need to Know

With a cost of living index of 86, Willow Lake, IL is a very affordable place to live. Living here is 14% cheaper than the national average and 6% above the Illinois state average of 80. Willow Lake is a small community of 838 residents.

The median household income in Willow Lake is $93,750, which is 25% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Willow Lake. The area sees an average annual temperature of 49.4°F, with summers averaging 72°F and winters around 25°F. Annual rainfall totals 37.2 inches spread over roughly 121 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.

Income

Median Household Income
$93,750
vs US Median ($75,149)
+25%

Housing

Median Home Value
$154,100
Median Monthly Housing Cost
$1,022/mo

Climate in Willow Lake

NOAA 30-year normals (1991-2020)

49.4°F
Avg Temperature
37.2"
Rainfall / Year
121d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 29 33 47 60 71 81 84 82 75 62 47 34
Avg °F 22 26 37 49 60 70 74 72 64 52 39 27
Low °F 15 18 28 39 50 60 64 62 54 42 31 20
Rain" 1.6 1.6 2.4 3.8 4.2 5.2 3.8 4.2 3.6 2.6 2.3 1.9

Compare Willow Lake With