Cost of living in Morton 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 Morton 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 Morton Grove is 124, with 100 being the average.
The cost of living index in Morton Grove is 1.2x higher than the national average.
Morton Grove ranks as the #298 cheapest in Illinois out of 338.
Morton Grove ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Morton Grove is $332,100.
The median income in Morton Grove is $91,389.
According to the most recent data on the cost of living, Morton Grove has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Illinois, Morton Grove has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Morton Grove ranks as #298 most affordable out of the 338 places we measured in Illinois. By definition, that implies Morton Grove ranks as the #40 most expensive place in the Prairie State.
For more reading on life in Morton Grove, check out:
Six factors go into calculating the cost of living index in Morton Grove. Here is how it fairs on each of the criteria:
The Services index in Morton Grove is 115.
The Groceries index in Morton Grove is 109.
The Health index in Morton Grove is 101.
The Housing index in Morton Grove is 156.
The Transportation index in Morton Grove is 113.
The Utilities index in Morton Grove is 94.
Living Expense | Morton Grove | Illinois | National Average | |
---|---|---|---|---|
Overall | 124 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 109 | 98 | 100 | |
Health | 101 | 96 | 100 | |
Housing | 156 | 81 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 94 | 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 Morton Grove is $332,100.
The Median Rent in Morton Grove is $2,094.
The Median Income in Morton Grove is $91,389.
The Home Value To Income in Morton Grove is 3.6x.
The Rent To Monthly Income in Morton Grove is 0.27x.
Statistic | Morton Grove | Illinois | United States |
---|---|---|---|
Median Home Value | $332,100 | $212,600 | $244,900 |
Median Rent | $2,094 | $1,097 | $1,163 |
Median Income | $91,389 | $72,563 | $69,021 |
Home Value To Income | 3.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.27x | 0.18x | 0.2x |
Item | Morton 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 |
Item | Morton 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 |
Item | Morton Grove | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Morton Grove | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Morton Grove | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Morton Grove. Here's a quick look at the cost of living in the most populous nearby places:
Evanston, IL has a cost of living index of 128, 1.0x Morton Grove.
Skokie, IL has a cost of living index of 120, 1.0x Morton Grove.
Glenview, IL has a cost of living index of 147, 1.2x Morton Grove.
City | Population | Cost Of Living | Vs. Morton Grove |
---|---|---|---|
Evanston, IL | 78,454 | 128 | 1.0x |
Skokie, IL | 67,444 | 120 | 1.0x |
Glenview, IL | 48,150 | 147 | 1.2x |
Elmhurst, IL | 45,661 | 131 | 1.1x |
Buffalo Grove, IL | 43,062 | 121 | 1.0x |
Park Ridge, IL | 39,562 | 131 | 1.1x |
Northbrook, IL | 35,108 | 156 | 1.3x |
Niles, IL | 30,971 | 117 | 0.9x |
Highland Park, IL | 30,245 | 152 | 1.2x |
Wilmette, IL | 27,895 | 166 | 1.3x |