Cost of Living in Fox Lake, IL
Population 10,872 · Illinois · Data vintage 2023
(100 = US avg)
Housing costs in Fox Lake stay well under national norms: a median home value of $219,000 against median household incomes of $69,896 gives the city one of the more comfortable price-to-income ratios in Illinois.
Fox Lake is about 30 miles north of Elgin, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% lower than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Fox Lake
The median home value in Fox Lake is $219,300 — 28% below the national median of $305,000. Median rent runs $1,059/month, 19% lower than the national median of $1,314/month. The median household income of $69,896/year is 6% lower than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Fox Lake has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Fox Lake, IL?
Fox Lake has a cost index of 75 (100 = national average). It is 25% below the national average.
What is average rent in Fox Lake, IL?
The median gross rent in Fox Lake is $1,059 per month based on 2023 Census data.
What is the average home price in Fox Lake?
The median home value in Fox Lake is $219,300 according to Zillow and Census data.
What is the median income in Fox Lake?
The median household income in Fox Lake is $69,896 per year (2023 ACS 5-year estimates).
What is the sales tax in Fox Lake, IL?
The combined state and local sales tax rate in Fox Lake is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Fox Lake, IL affordable?
Yes, Fox Lake is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.
Fox Lake at a Glance
- Population
- 10,872
- Median Income
- $69,896
- Home Value
- $219,300
- Median Rent
- $1,059/mo
- Unemployment
- 4.5%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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