Cost of Living in Wauconda, IL
Population 14,010 · Illinois · Data vintage 2023
(100 = US avg)
Wauconda is a smaller Illinois community of around 14000 residents, where median household incomes of $112,438 and housing costs ($268,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 20 miles northeast of Elgin, Wauconda falls within that metro's commuting orbit. Housing prices track closely with Elgin's $252,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wauconda
The median home value in Wauconda is $268,300 — 12% below the national median of $305,000. Median rent runs $1,304/month, 1% lower than the national median of $1,314/month. The median household income of $112,438/year is 51% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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, Wauconda has a cost of living index of 92 versus the US average of 100, meaning it is 8% 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 Wauconda, IL?
Wauconda has a cost index of 92 (100 = national average). It is 8% below the national average.
What is average rent in Wauconda, IL?
The median gross rent in Wauconda is $1,304 per month based on 2023 Census data.
What is the average home price in Wauconda?
The median home value in Wauconda is $268,300 according to Zillow and Census data.
What is the median income in Wauconda?
The median household income in Wauconda is $112,438 per year (2023 ACS 5-year estimates).
What is the sales tax in Wauconda, IL?
The combined state and local sales tax rate in Wauconda is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Wauconda, IL affordable?
Wauconda is near the national average in terms of cost of living, with an index of 92 (100 = US average).
Wauconda at a Glance
- Population
- 14,010
- Median Income
- $112,438
- Home Value
- $268,300
- Median Rent
- $1,304/mo
- Unemployment
- 3.6%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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