Cost of Living in Vernon Hills, IL
Population 26,772 · Illinois · Data vintage 2023
(100 = US avg)
Vernon Hills lands reasonably close to national benchmarks on most cost indicators, with a median home value of $385,000 — 26% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Illinois.
Geographically, Vernon Hills sits roughly 25 miles northeast of Elgin. Median home values run roughly 52% higher than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Vernon Hills
The median home value in Vernon Hills is $384,800 — 26% above the national median of $305,000. Median rent runs $1,855/month, 41% higher than the national median of $1,314/month. The median household income of $120,625/year is 62% higher than the US median of $74,580. The local unemployment rate is 3.8%, 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, Vernon Hills has a cost of living index of 132 versus the US average of 100, meaning it is 32% 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 Vernon Hills, IL?
Vernon Hills has a cost index of 132 (100 = national average). It is 32% above the national average.
What is average rent in Vernon Hills, IL?
The median gross rent in Vernon Hills is $1,855 per month based on 2023 Census data.
What is the average home price in Vernon Hills?
The median home value in Vernon Hills is $384,800 according to Zillow and Census data.
What is the median income in Vernon Hills?
The median household income in Vernon Hills is $120,625 per year (2023 ACS 5-year estimates).
What is the sales tax in Vernon Hills, IL?
The combined state and local sales tax rate in Vernon Hills is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Vernon Hills, IL affordable?
Vernon Hills is above average in cost of living, with an index of 132 — about 32% higher than the national average.
Vernon Hills at a Glance
- Population
- 26,772
- Median Income
- $120,625
- Home Value
- $384,800
- Median Rent
- $1,855/mo
- Unemployment
- 3.8%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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