Lincolnwood is located in Illinois and has an overall cost of living that is +43% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Lincolnwood.

Housing: Median rent in Lincolnwood is $3,692 / month, and the median home price is $1,230,053. Housing costs are +130% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.25), milk ($4.92), and eggs ($4.86) reflect the local grocery landscape. Overall grocery costs are +4% vs the national average.

Healthcare: Medical costs include doctor visits ($178.14), dentist visits ($143.09), and prescription drugs ($25.79). These costs should be factored into your monthly budget when planning a move.

Illinois has a state income tax rate of 4.95%, which affects take-home pay for Lincolnwood residents.

Explore More

Salary Calculator

Calculate what salary you need when moving to or from Lincolnwood.

Cheapest US Cities

See the most affordable cities in the US ranked by cost index.

All Illinois Cities

Compare Lincolnwood with all 377 cities in Illinois.

Lincolnwood, Illinois Cost of Living FAQ

Common questions about living costs in Lincolnwood.

Lincolnwood, Illinois has an overall cost of living that is +43% the national average. Housing costs are +130% vs the national average. Grocery prices are +4% vs average. Utilities are -5% vs average. This makes Lincolnwood a relatively expensive city.

The median rent in Lincolnwood, Illinois is $3,692 / month. Average energy bills run $208.02 / month. Phone bills average $185.58 / month. Housing is typically the largest expense for residents.

Healthcare costs in Lincolnwood: doctor's visit averages $178.14, dentist visit averages $143.09, prescription drugs average $25.79. Overall healthcare expenses in the area are influenced by the +4% grocery cost difference.

Lincolnwood is one of 377 cities tracked in Illinois. With an overall cost +43% vs the national average, it tends to be pricier than some smaller communities. Visit our Illinois state page to compare all cities side-by-side and find the best fit for your budget.

Lincolnwood offers cost of living +43% compared to the national average. Key factors to consider: median home price of $1,230,053, rent of $3,692 / month, and a state income tax of 4.95% in Illinois. Explore our detailed cost breakdown above to see if Lincolnwood fits your budget.