Top 10 Most Expensive Cities to Live in Illinois - Most Expensive (2023)

Top 10 Most Expensive Cities to Live in Illinois - Most Expensive (1)

Living in Illinois means you're part of an increasingly diverse and welcoming community that really comes alive at night.

Illinois has some of the best places to live in the country. It's home to Chicago, where we all know its skyline and culture, and Springfield, where we can shop and dine in one of the oldest malls in the country.

There are lots of great places for families in Illinois - especially if you have kids! Some of these cities are Peoria, Joliet and Springfield.

You will find many parks and other facilities where children can play safely and there is something for everyone from arts and crafts museums to theme parks and much more.

When it comes to education, Illinois schools do not disappoint. We have over 500 school districts across the state serving students from kindergarten through college - that's over 6 million students!

These districts offer everything from public schools to private universities, so everyone can get a great education at affordable prices.

Good things always come at a price, in this article we take a look at the most expensive cities in Illinois.

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The most expensive places to live in Illinois

Cities in Illinois have a lot to offer when it comes to culture, history and entertainment. The state is home to some of the most beautiful cities in the country, including Chicago and Springfield.

However, these are also among the most expensive cities in the country. If you want to live in one of these high-end communities, you'll need to plan on a sizable budget.

Here are the five most expensive cities to live in Illinois:

1. Kenilworth

The village is located on the north shore of Lake Michigan and is a suburb of Chicago. Kenilworth has a reputation for being an affluent and exclusive community.

ÖThe median household income in Kenilworth is over $227,404it is atthe average home price is over $2 million.

Although small, Kenilworth has a number of notable residents. Some of Kenilworth's most famous residents include former President Barack Obama, actor Harrison Ford and billionaire Warren Buffett.

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What makes Kenilworth so expensive?

Kenilworth is an affluent Chicago suburb home to many high-paying professionals. The high cost of living there is due in part to the many luxurious amenities and attractions that are available.

From top-notch schools to luxurious homes, there's a lot to love about Kenilworth, and it comes with a price tag to match.

Kenilworth is a great place to live if you can afford it. The village has a top-notch school system, a low crime rate, and plenty of things to do.

Related:The 10 most expensive cities to live in Arizona

2. Winnetka

Winnetka is a village in Cook County, Illinois. OThe population was 12,361 at the 2020 census. Winnetka is one of the most affluent suburbs in the Chicago area.

ÖThe median home price in Winnetka is $1.6 million, making it one of the most expensive places to live in Illinois. The high cost of living is due to excellent schools, safe roads and proximity to Chicago.

Despite the high price, Winnetka is a popular place to live, families flock to the suburbs in search of quality of life.

What makes Winnetka so expensive

Winnetka is an affluent Chicago suburb known for its large houses and expensive real estate. In fact, Winnetka is the most expensive city to live in Illinois.

Several factors contribute to this, including the high cost of living in Chicago and strong housing demand in Winnetka.

Winnetka's schools are also among the best in the state, making it a desirable place for families with children.

Overall, the high cost of living in Winnetka is due to a combination of factors, including high demand for housing and a high quality of life.

3. Glencoe

Life in Glencoe definitely doesn't come cheap, sincethe median home price is $1.3 million. It's definitely one of the most expensive places to live in Illinois, but also one of the best.

However, those who can afford to live here will be rewarded with beautiful views and a high quality of life.

The city has just one populationmore than 8,836 (2020) people, so it's definitely on the smaller side. But that doesn't mean there isn't much to do.

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What makes Glencoe so expensive?

There are a few factors that make Glencoe so expensive. First, the city is in a very desirable area. It's close to Chicago, yet far enough away to get away from the hustle and bustle of the city.

The city is also home to some of the best schools in the state, adding to the cost of living.

Another factor that contributes to the high cost of living in Glencoe is the city's property taxes.

Glencoe has some of the highest property taxes in Illinois, meaning residents pay more for their homes.

Related:The 12 most expensive places to live in New Jersey

4. Hinsdale

Hinsdale, Illinois is one of the most expensive places to live in the entire state. Othe median home price is a staggering $1 million.

That's nearly double the average home price in Lake Forest, Illinois' second most expensive city. The city is home to some of the best shopping, dining and entertainment in the state.

And of course the schools are excellent. If you can live in Hinsdale, live in luxury.

Which makes Hinsdale so expensive

There are a few reasons Hinsdale is one of the most expensive cities in Illinois. First, the city has a high property tax rate, which means homeowners have to pay more property taxes.

The cost of living in Hinsdale is high and the town does not have many affordable housing options.

Finally, the city's schools are among the best in the country, making it a desirable place for families with children.

All of these factors make Hinsdale one of the most expensive cities to live in Illinois.

5. Golf

If you are looking for a place to live with plenty of luxury amenities look no further than Golf. Located in Cook County, this affluent community is one of the most expensive places to live in Illinois.

ÖThe median home price in Gulf is $962,147, making it one of the most expensive cities in the state. But with that high price comes many perks, including access to some of the state's best golf courses.

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What Makes Golf So Expensive?

There are several factors that contribute to the high cost of living in Gulf Illinois. The first is the location in the city.

Gulf Illinois is in the northwest corner of the state, and its proximity to Chicago means housing costs are higher than other parts of the state.

The second factor is the size of the city. With a population ofjust over 521 (2020) people, Gulf Illinois is one of the smallest cities in Illinois.

This means that there are fewer housing options and the supply is often more expensive than in larger cities.

Related:The 10 most expensive places to live in Washington state

6. Bannockburn

Bannockburn is a village in northern Illinois about 25 miles northwest of downtown Chicago.

The village is just homemore than 1,194 (2020) people, and yourmedian home price of just over $966,000makes it one of the most expensive places to live in the state.

Bannockburn is known for being a relatively affluent community and its residents have access to quality schools and services.

The village is also home to a number of businesses and organizations including Bannockburn Country Club and Bannockburn Library.

Which makes Bannockburn so expensive

Bannockburn is an affluent suburb in Illinois. It's one of the most expensive places to live in the state, and several factors contribute to the high cost of living.

One of the main reasons Bannockburn is so expensive is that it's in Lake County.

This county has some of the highest property taxes in the state and this is a major factor in Bannockburn's high cost of living.

Another reason Bannockburn is so expensive is that it has a very low crime rate. This suburb is in a very safe area which contributes to the high cost of living.

Bannockburn also has a very good school district. This suburb is served by the highly regarded Lincoln-Way Community Consolidated School District, which contributes to the high cost of living.

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7. Waldsee

Lake Forest is the seventh most expensive city in Illinois. The median home price is $956,000. The city has a little over 19,000 inhabitants. Lake Forest is a suburb of Chicago and is located in Lake County.

The city is home to several major corporations, including S&C Electric Company and Tenneco. Lake Forest has several parks and recreation areas, as well as a golf course and country club.

The city also has several private schools, making it a desirable place for families. Despite the high cost of living, Lake Forest is a beautiful and convenient place to call home.

8. Süd-Barrington

With an average price of $929,000, is one of the most expensive cities in the state. But what you get for your money is a beautiful and rich community.

Located in Chicago's northwest suburbs, South Barrington is one of the most affluent communities in the area. OThe median household income is over $183,750, it's atthe median home price is nearly $1 million.

The community is known for its upscale shopping and dining, as well as excellent schools.

9. Barrington-Hügel

Barrington Hills is one of Illinois' most affluent suburbs and is the ninth most expensive city to live in.The median home price is $840,000it is atThe median household income is over $112,794.

The city is known for its excellent schools and low crime rate. Barrington Hills is also home to many celebrities including Bill Murray and Harrison Ford.

Which makes Barrington Hills so expensive

What makes Barrington Hills so expensive is its location. The village is located in the Barrington Hills area of ​​McHenry County, Illinois and borders the city of Chicago.

As a result, it has a high cost of living as well as high property taxes. The village has several quality homes and facilities which also contribute to the high cost of living.

10. Wilmette

Wilmette is a village in Cook County, Illinois. It is 14 miles north of downtown Chicago.The population was 27,114 (2020)As of 2020 Census, Wilmette is known for its affluent lifestyle, large homes, and New England-style downtown.

The village was listed as one of the wealthiest cities in the United States by CNNMoney.com and Business Insider

Located on Lake Michigan, Wilmette Public Beach is one of the most popular beaches in the Chicago area. The North Shore Channel Trail also runs through the village, connecting it to neighboring Evanston.

Popular annual events include the Wilmette Pet Parade, Memorial Day Parade, Fourth of July Celebrations, Labor Day Parade and Sidewalk Sale Days.

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