Crystal Lake cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCrystal LakeIllinoisNational
Cost of living index10298100
IndexCrystal LakeIllinoisNational
Goods & Services index9597100
Groceries index9197100
Health care index107100100
Housing index11999100
Transportation index107104100
Utilities index8595100
A general summary of the cost of living index in Crystal Lake, IL is shown above. Compared to the state average of Illinois the cost of living index in Crystal Lake, IL is 102, which is 4% higher than the average in Illinois and compared to the national average it is 2% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Crystal Lake, IL goods and services come in at 2% lower than the average in Illinois and are 5% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Crystal Lake is 4% higher than the Illinois average.
  • The cost of living in Crystal Lake is 2% higher than the national average.
  • The cost of housing in Crystal Lake is 19% higher than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Compare Crystal Lake, IL Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Crystal Lake, IL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Crystal Lake, IL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Crystal Lake, IL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$93,448$7,787$2,180$2,804
Renters$47,151$3,929$1,100$1,415
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Crystal Lake, IL as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Crystal Lake, IL homeowners, is $93,448. This would allow for a maximum of $2,180 per month to be spent on housing costs. For renters, the median monthly income is $47,151 which would result in a maximum of $1,100 to be spent on rental costs.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%9.75%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%
The Illinois sales tax and Illinois income tax rates should definitely be considered when determining the overall cost of living in Crystal Lake, IL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Illinois sales tax is 6.25% and the maximum surtax is 9.75%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Illinois income tax rates range from 3.75% to 3.75%.

Goods & Services

ItemCrystal LakeNational avg.Difference
Haircut $13.71$15.5611.9%
Beauty Salon $29.19$36.1119.2%
Toothpaste $1.88$2.4724.1%
Shampoo $0.90$0.967.1%
Movie $10.36$10.132.3%
Bowling $3.99$4.7415.7%

Groceries

ItemCrystal LakeNational avg.Difference
Ground Beef $3.47$3.9813.0%
Fried Chicken $1.41$1.410.0%
Milk $2.15$2.064.3%
Potatoes $2.16$2.9827.7%
Pizza $8.67$9.478.5%
Beer $7.96$8.799.5%

Health Care

ItemCrystal LakeNational avg.Difference
Optometrist $73.86$101.0426.9%
Doctor $132.16$107.4423.0%
Dentist $94.44$90.424.5%
Ibuprofen $9.63$9.283.7%
Lipitor $431.63$426.501.2%

Housing

ItemCrystal LakeNational avg.Difference
Home Price $204,700.00$175,700.0016.5%
Avg. Mortgage Payment $777.66$1,133.2331.4%
Apartment Rent $1,139.00$920.0023.8%

Transportation

ItemCrystal LakeNational avg.Difference
Gasoline $2.11$1.995.7%
Tire Balancing $50.94$45.7611.3%

Utilities

ItemCrystal LakeNational avg.Difference
All Electricity$141.68$163.8113.5%
Phone $23.50$28.3917.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Harvard, IL9,82991-9%
Round Lake Beach, IL28,0481011%
McCullom Lake, IL1,00192-8%
Union, IL51694-6%
Fox Lake, IL10,7571033%
Crystal Lake, IL40,5981022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Apex, NC40,63111515%
Coram, NY40,63713737%
Plainfield, IL40,64111818%
Waipahu, HI40,53217373%
Mableton, GA40,52197-3%
Crystal Lake, IL40,5981022%
Source: The Crystal Lake, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.