Long Grove, IL Cost Of Living
Cost Of Living In Long Grove, IL Summary
Cost of living in Long 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 Long 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 Long Grove is 170, with 100 being the average.
The cost of living index in Long Grove is 1.7x higher than the national average.
Long Grove ranks as the #332 cheapest in Illinois out of 338.
Long Grove ranks as the #6,123 cheapest out of 6,412 in the US.
The median home value in Long Grove is $664,000.
The median income in Long Grove is $207,275.
Table Of Contents
Long Grove's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Long Grove, IL?
According to the most recent data on the cost of living, Long Grove has an overall cost of living index of 170, which is 1.7x higher than the national index of 100.
Compared to Illinois, Long Grove has a cost of living index that's 1.8x higher than Illinois's index of 92.
The standard of living in Long Grove ranks as #332 most affordable out of the 338 places we measured in Illinois. By definition, that implies Long Grove ranks as the #6 most expensive place in the Prairie State.
For more reading on life in Long Grove, check out:
- Living In Long Grove
- Search Homes For Sale In Long Grove, IL
In Illinois
In America
Long Grove Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Long Grove. Here is how it fairs on each of the criteria:
The Services index in Long Grove is 114.
The Groceries index in Long Grove is 105.
The Health index in Long Grove is 101.
The Housing index in Long Grove is 312.
The Transportation index in Long Grove is 112.
The Utilities index in Long Grove is 92.
| Living Expense | Long Grove | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 170 | 92 | 100 | |
| Services | 114 | 95 | 100 | |
| Groceries | 105 | 98 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 312 | 81 | 100 | |
| Transportation | 112 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Long Grove, IL Housing Cost Breakdown
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 Long Grove is $664,000.
The Median Rent in Long Grove is $3,501.
The Median Income in Long Grove is $207,275.
The Home Value To Income in Long Grove is 3.2x.
The Rent To Monthly Income in Long Grove is 0.2x.
| Statistic | Long Grove | Illinois | United States |
|---|---|---|---|
| Median Home Value | $664,000 | $212,600 | $244,900 |
| Median Rent | $3,501 | $1,097 | $1,163 |
| Median Income | $207,275 | $72,563 | $69,021 |
| Home Value To Income | 3.2x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Long Grove, IL Costs By Category
Detailed Long Grove Services Costs Vs. Illinois
| Item | Long Grove | Illinois |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $14.85 | $10.68 |
| Bowling | $15.76 | $14.67 |
| Haircut | $27.76 | $18.62 |
| Beauty Salon | $65.57 | $39.05 |
Detailed Long Grove Groceries Costs Vs. Illinois
| Item | Long Grove | Illinois |
|---|---|---|
| Ground Beef | $4.87 | $4.22 |
| Fried Chicken | $1.99 | $1.39 |
| Milk | $2.42 | $2.05 |
| Potatoes | $3.23 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $8.61 | $9.38 |
| Toothpaste | $2.46 | $2.34 |
Detailed Long Grove Health Costs Vs. Illinois
| Item | Long Grove | Illinois |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Long Grove Transportation Costs Vs. Illinois
| Item | Long Grove | Illinois |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Long Grove Utilities Costs Vs. Illinois
| Item | Long Grove | Illinois |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Long Grove SnackAbility
/10
Cost Of Living In Cities Around Long Grove
The cost of living varies in the cities and towns around Long Grove. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 125, 0.7x Long Grove.
Glenview, IL has a cost of living index of 147, 0.9x Long Grove.
Buffalo Grove, IL has a cost of living index of 121, 0.7x Long Grove.
| City | Population | Cost Of Living | Vs. Long Grove |
|---|---|---|---|
| Arlington Heights, IL | 77,283 | 125 | 0.7x |
| Glenview, IL | 48,150 | 147 | 0.9x |
| Buffalo Grove, IL | 43,062 | 121 | 0.7x |
| Park Ridge, IL | 39,562 | 131 | 0.8x |
| Northbrook, IL | 35,108 | 156 | 0.9x |
| Mundelein, IL | 31,596 | 113 | 0.7x |
| Highland Park, IL | 30,245 | 152 | 0.9x |
| Wilmette, IL | 27,895 | 166 | 1.0x |
| Vernon Hills, IL | 26,723 | 126 | 0.7x |
| Lake Zurich, IL | 19,807 | 125 | 0.7x |
