Cost of Living in Lincoln Square, Chicago, IL

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F
43%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
141%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lincoln Square Chicago Illinois
Cost of living14311498
Groceries98101100
Health care101100100
Housing24113895
Transportation104109101
Utilities9810399
Lifestyle & Entertainment100104100
Household Items101101100
Education & Childcare103110100
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Cost Of Living Quick Facts

  • The cost of living in Lincoln Square is 45% higher than the Chicago average
  • The cost of living in Lincoln Square is 43% higher than the national average
  • Lincoln Square housing is 141% higher than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Lincoln Square

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Compare Chicago, IL Cost of Living

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$145,567$12,131$3,396$4,367

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hodgkins, IL1,8178316.9%
      Maywood, IL23,986963.6%
      Broadview, IL7,841990.9%
      Bellwood, IL19,287991.0%
      Cicero, IL84,3201000.3%
      Chicago, IL2,804,58211414.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Toronto, ON3,013,752n/a 
      Houston, TX2,385,2981032.8%
      Montréal, QC1,811,008n/a 
      Phoenix, AZ1,698,45711312.9%
      Philadelphia, PA1,632,1571022.0%
      Chicago, IL2,804,58211414.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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