Cost of living in Channel Lake, IL

Channel Lake is a census-designated place in Lake County, IL. ACS 2024 5-year population is 2,052. Median gross rent is $1,584 (ACS 2024 5-year, this place). Median home value is $223,000. Median household income is $68,250. Insurance is the NAIC state average; food is a USDA plan — no town indexes.