DegreeCalc

College Cost Planning in Lake in the Hills, IL 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Lake in the Hills, Illinois. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Lake in the Hills as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$15,400

per year

Avg Private Tuition

$38,000

per year

Avg Rent Near Campus

$774

per month

Local Cost Market

2

benchmark points

Lake in the Hills Overview

Population

28,965

Student Population

2,546 (8.8%)

Cost of Living Index

83.6 (avg: 100)

Walk Score

41/100

Transit Score

18/100

Unemployment Rate

5%

College Cost Calculator for Lake in the Hills

Cost Inputs

Total Cost (4 Years, Public In-State)

$110,948

Total After Financial Aid

$110,948

Annual Cost

$27,737

Annual After Aid

$27,737

Cost Breakdown (4 Years)

Tuition$61,600
Room & Board$49,348

If Financed (10-Year Loan at 6.5%)

Loan Amount$110,948
Monthly Payment$1,260
Total Interest$40,227
Total Loan Cost$151,175

Education Cost Benchmarks in Lake in the Hills

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

2

Public tuition

$15,400

Private tuition

$38,000

Community college

$5,030

Cost of Living in Lake in the Hills vs. National Average

CategoryLake in the HillsNational AvgDifference
Public Tuition (In-State)$15,400$10,940+$4,460
Monthly Rent Near Campus$774$1,050-$276
Cost of Living Index83.6100-16.400000000000006

Lake in the Hills's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Lake in the Hills

41

Walk Score

Car-Dependent

18

Transit Score

Minimal Transit

8.8%

Student Population

2,546 students

Lake in the Hills has a total population of 28,965, with approximately 2,546 college students (8.8% of the population). Lake in the Hills has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Lake in the Hills

$40,898

Starting Salary

5%

Unemployment Rate

74%

Graduation Rate

~18.8 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Lake in the Hills earn a median starting salary of $40,898, which is $5,898 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 18.8 years to cover the investment. With average financial aid of $11,814 per student per year, the net cost can change materially by school and program.

Other Cities in Illinois

Methodology & Education Data Sources for Lake in the Hills

How we compile Lake in the Hills college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Lake in the Hills institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Lake in the Hills's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Lake in the Hills, IL?

Average annual in-state public university tuition in Lake in the Hills is $15,400. Private university tuition averages $38,000, and community college tuition averages $5,030. When room and board ($12,337/year) is included, the total annual cost at a public university is approximately $27,737.

How many local cost benchmarks are used for Lake in the Hills, IL?

Lake in the Hills uses approximately 2 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,546, which represents 8.8% of the total population.

What is the average rent near campus in Lake in the Hills?

The average rent near college campuses in Lake in the Hills is approximately $774 per month. The city has a cost of living index of 83.6 (national average is 100), a walk score of 41, and a public transit score of 18. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Lake in the Hills?

College graduates in Lake in the Hills earn a median starting salary of $40,898. The local unemployment rate is 5%. With an average financial aid package of $11,814 per student and a 74% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Lake in the Hills, IL?

With a median starting salary of $40,898 and an average 4-year public university cost of $110,948 (including room and board), the modeled salary premium can recoup the net investment in about 18.8 years. The 74% graduation rate underscores the importance of choosing the right program and staying on track academically.

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