Cost of living in Downers Grove research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Downers Grove is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Downers Grove is 120, with 100 being the average.
The cost of living index in Downers Grove is 1.2x higher than the national average.
Downers Grove ranks as the #291 cheapest in Illinois out of 338.
Downers Grove ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Downers Grove is $374,500.
The median income in Downers Grove is $105,217.
According to the most recent data on the cost of living, Downers Grove has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Illinois, Downers Grove has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Downers Grove ranks as #291 most affordable out of the 338 places we measured in Illinois. By definition, that implies Downers Grove ranks as the #47 most expensive place in the Prairie State.
For more reading on life in Downers Grove, check out:
Six factors go into calculating the cost of living index in Downers Grove. Here is how it fairs on each of the criteria:
The Services index in Downers Grove is 98.
The Groceries index in Downers Grove is 96.
The Health index in Downers Grove is 112.
The Housing index in Downers Grove is 164.
The Transportation index in Downers Grove is 110.
The Utilities index in Downers Grove is 90.
Living Expense | Downers Grove | Illinois | National Average | |
---|---|---|---|---|
Overall | 120 | 92 | 100 | |
Services | 98 | 95 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 112 | 96 | 100 | |
Housing | 164 | 81 | 100 | |
Transportation | 110 | 105 | 100 | |
Utilities | 90 | 90 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Downers Grove is $374,500.
The Median Rent in Downers Grove is $1,502.
The Median Income in Downers Grove is $105,217.
The Home Value To Income in Downers Grove is 3.6x.
The Rent To Monthly Income in Downers Grove is 0.17x.
Statistic | Downers Grove | Illinois | United States |
---|---|---|---|
Median Home Value | $374,500 | $212,600 | $244,900 |
Median Rent | $1,502 | $1,097 | $1,163 |
Median Income | $105,217 | $72,563 | $69,021 |
Home Value To Income | 3.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Downers Grove | Illinois |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $10.54 | $10.68 |
Bowling | $15.5 | $14.67 |
Haircut | $20.12 | $18.62 |
Beauty Salon | $37.89 | $39.05 |
Item | Downers Grove | Illinois |
---|---|---|
Ground Beef | $4.97 | $4.22 |
Fried Chicken | $1.29 | $1.39 |
Milk | $1.69 | $2.05 |
Potatoes | $3.81 | $3.29 |
Pizza | $10.98 | $10.62 |
Beer | $8.53 | $9.38 |
Toothpaste | $2.73 | $2.34 |
Item | Downers Grove | Illinois |
---|---|---|
Optometrist | $107.11 | $108.57 |
Doctor | $157.4 | $116.17 |
Dentist | $103.57 | $99.13 |
Item | Downers Grove | Illinois |
---|---|---|
Gasoline | $2.4 | $2.22 |
Tire Balancing | $56.78 | $50.07 |
Item | Downers Grove | Illinois |
---|---|---|
All Electricity | $130.12 | $167.67 |
Phone | $191.29 | $175.64 |
The cost of living varies in the cities and towns around Downers Grove. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 125, 1.0x Downers Grove.
Wheaton, IL has a cost of living index of 118, 1.0x Downers Grove.
Elmhurst, IL has a cost of living index of 131, 1.1x Downers Grove.
City | Population | Cost Of Living | Vs. Downers Grove |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 1.0x |
Wheaton, IL | 53,762 | 118 | 1.0x |
Elmhurst, IL | 45,661 | 131 | 1.1x |
Bartlett, IL | 41,126 | 117 | 1.0x |
Park Ridge, IL | 39,562 | 131 | 1.1x |
Woodridge, IL | 34,161 | 110 | 0.9x |
Glen Ellyn, IL | 28,506 | 132 | 1.1x |
Westmont, IL | 24,632 | 120 | 1.0x |
Lisle, IL | 23,982 | 117 | 1.0x |
Darien, IL | 22,087 | 111 | 0.9x |