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Cost of Living in Channel Lake CDP, IL

2025 Affordability Data & Housing Costs

95.8

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$210,400

Owner-occupied homes (2023 ACS)

Median Household Income

$63,958

Annual (2023 ACS)

Housing Costs

The median home value in Channel Lake CDP is $210,400, which is close to the national average. The home price-to-income ratio is 3.3, indicating strong affordability.

Income & Purchasing Power

The median household income in Channel Lake CDP is $63,958 annually.

Compare with Other Cities

View all cities in Illinois

Frequently Asked Questions

What is the cost of living index in Channel Lake CDP, IL?

The COL index is 95.8, which is lower than the US average of 100.

What is the median home value in Channel Lake CDP?

The median home value is $210,400.

What is the median rent in Channel Lake CDP?

Data not available.

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