Cost of Living in Lockport, IL
Population 26,228 · Illinois · Data vintage 2023
(100 = US avg)
Lockport is effectively a commuter community: the average resident spends 38 minutes each way getting to work, well above the 27-minute US median. Housing costs ($299,000 for a typical home) tend to reflect the tradeoff between price and access.
Lockport sits roughly 8 miles northeast of Joliet — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% higher than Joliet's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lockport
The median home value in Lockport is $298,800 — 2% below the national median of $305,000. Median rent runs $1,503/month, 14% higher than the national median of $1,314/month. The median household income of $113,252/year is 52% higher than the US median of $74,580. The local unemployment rate is 4.9%, above 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, Lockport has a cost of living index of 105 versus the US average of 100, meaning it is 5% more 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 Lockport, IL?
Lockport has a cost index of 105 (100 = national average). It is 5% above the national average.
What is average rent in Lockport, IL?
The median gross rent in Lockport is $1,503 per month based on 2023 Census data.
What is the average home price in Lockport?
The median home value in Lockport is $298,800 according to Zillow and Census data.
What is the median income in Lockport?
The median household income in Lockport is $113,252 per year (2023 ACS 5-year estimates).
What is the sales tax in Lockport, IL?
The combined state and local sales tax rate in Lockport is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Lockport, IL affordable?
Lockport is near the national average in terms of cost of living, with an index of 105 (100 = US average).
Lockport at a Glance
- Population
- 26,228
- Median Income
- $113,252
- Home Value
- $298,800
- Median Rent
- $1,503/mo
- Unemployment
- 4.9%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
Similar Cost Cities
Cities in other states with comparable housing costs