Cost of living in Glen Carbon 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 Glen Carbon 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 Glen Carbon is 97, with 100 being the average.
The cost of living index in Glen Carbon is 1.0x lower than the national average.
Glen Carbon ranks as the #142 cheapest in Illinois out of 338.
Glen Carbon ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Glen Carbon is $234,900.
The median income in Glen Carbon is $86,406.
According to the most recent data on the cost of living, Glen Carbon has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Illinois, Glen Carbon has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Glen Carbon ranks as #142 most affordable out of the 338 places we measured in Illinois. By definition, that implies Glen Carbon ranks as the #196 most expensive place in the Prairie State.
For more reading on life in Glen Carbon, check out:
Six factors go into calculating the cost of living index in Glen Carbon. Here is how it fairs on each of the criteria:
The Services index in Glen Carbon is 91.
The Groceries index in Glen Carbon is 104.
The Health index in Glen Carbon is 87.
The Housing index in Glen Carbon is 107.
The Transportation index in Glen Carbon is 92.
The Utilities index in Glen Carbon is 96.
Living Expense | Glen Carbon | Illinois | National Average | |
---|---|---|---|---|
Overall | 97 | 92 | 100 | |
Services | 91 | 95 | 100 | |
Groceries | 104 | 98 | 100 | |
Health | 87 | 96 | 100 | |
Housing | 107 | 81 | 100 | |
Transportation | 92 | 105 | 100 | |
Utilities | 96 | 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 Glen Carbon is $234,900.
The Median Rent in Glen Carbon is $1,000.
The Median Income in Glen Carbon is $86,406.
The Home Value To Income in Glen Carbon is 2.7x.
The Rent To Monthly Income in Glen Carbon is 0.14x.
Statistic | Glen Carbon | Illinois | United States |
---|---|---|---|
Median Home Value | $234,900 | $212,600 | $244,900 |
Median Rent | $1,000 | $1,097 | $1,163 |
Median Income | $86,406 | $72,563 | $69,021 |
Home Value To Income | 2.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Item | Glen Carbon | Illinois |
---|---|---|
Shampoo | $1.1 | $1.06 |
Movie | $9.81 | $10.68 |
Bowling | $15.64 | $14.67 |
Haircut | $17.58 | $18.62 |
Beauty Salon | $38.54 | $39.05 |
Item | Glen Carbon | Illinois |
---|---|---|
Ground Beef | $4.13 | $4.22 |
Fried Chicken | $1.67 | $1.39 |
Milk | $1.86 | $2.05 |
Potatoes | $2.98 | $3.29 |
Pizza | $9.9 | $10.62 |
Beer | $9.38 | $9.38 |
Toothpaste | $2.36 | $2.34 |
Item | Glen Carbon | Illinois |
---|---|---|
Optometrist | $76.71 | $108.57 |
Doctor | $75.53 | $116.17 |
Dentist | $98.39 | $99.13 |
Item | Glen Carbon | Illinois |
---|---|---|
Gasoline | $2.03 | $2.22 |
Tire Balancing | $41.83 | $50.07 |
Item | Glen Carbon | Illinois |
---|---|---|
All Electricity | $149.35 | $167.67 |
Phone | $193.9 | $175.64 |
The cost of living varies in the cities and towns around Glen Carbon. Here's a quick look at the cost of living in the most populous nearby places:
O'Fallon, IL has a cost of living index of 99, 1.0x Glen Carbon.
Edwardsville, IL has a cost of living index of 98, 1.0x Glen Carbon.
Collinsville, IL has a cost of living index of 90, 0.9x Glen Carbon.
City | Population | Cost Of Living | Vs. Glen Carbon |
---|---|---|---|
O'Fallon, IL | 31,963 | 99 | 1.0x |
Edwardsville, IL | 25,236 | 98 | 1.0x |
Collinsville, IL | 24,627 | 90 | 0.9x |
Godfrey, IL | 17,812 | 90 | 0.9x |
Swansea, IL | 15,037 | 94 | 1.0x |
Shiloh, IL | 13,638 | 98 | 1.0x |
Troy, IL | 10,858 | 90 | 0.9x |
Highland, IL | 10,215 | 88 | 0.9x |
Bethalto, IL | 9,414 | 86 | 0.9x |
Mascoutah, IL | 8,803 | 92 | 0.9x |