Cost of living in River 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 River 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 River Grove is 107, with 100 being the average.
The cost of living index in River Grove is 1.1x higher than the national average.
River Grove ranks as the #224 cheapest in Illinois out of 338.
River Grove ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in River Grove is $216,800.
The median income in River Grove is $65,625.
According to the most recent data on the cost of living, River Grove has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Illinois, River Grove has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in River Grove ranks as #224 most affordable out of the 338 places we measured in Illinois. By definition, that implies River Grove ranks as the #114 most expensive place in the Prairie State.
For more reading on life in River Grove, check out:
Six factors go into calculating the cost of living index in River Grove. Here is how it fairs on each of the criteria:
The Services index in River Grove is 116.
The Groceries index in River Grove is 105.
The Health index in River Grove is 98.
The Housing index in River Grove is 99.
The Transportation index in River Grove is 115.
The Utilities index in River Grove is 94.
Living Expense | River Grove | Illinois | National Average | |
---|---|---|---|---|
Overall | 107 | 92 | 100 | |
Services | 116 | 95 | 100 | |
Groceries | 105 | 98 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 99 | 81 | 100 | |
Transportation | 115 | 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 River Grove is $216,800.
The Median Rent in River Grove is $1,168.
The Median Income in River Grove is $65,625.
The Home Value To Income in River Grove is 3.3x.
The Rent To Monthly Income in River Grove is 0.21x.
Statistic | River Grove | Illinois | United States |
---|---|---|---|
Median Home Value | $216,800 | $212,600 | $244,900 |
Median Rent | $1,168 | $1,097 | $1,163 |
Median Income | $65,625 | $72,563 | $69,021 |
Home Value To Income | 3.3x | 2.9x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Item | River 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 | River 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 | River Grove | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | River Grove | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | River Grove | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around River Grove. Here's a quick look at the cost of living in the most populous nearby places:
Glenview, IL has a cost of living index of 147, 1.4x River Grove.
Elmhurst, IL has a cost of living index of 131, 1.2x River Grove.
Buffalo Grove, IL has a cost of living index of 121, 1.1x River Grove.
City | Population | Cost Of Living | Vs. River Grove |
---|---|---|---|
Glenview, IL | 48,150 | 147 | 1.4x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Northbrook, IL | 35,108 | 156 | 1.5x |
Highland Park, IL | 30,245 | 152 | 1.4x |
Wilmette, IL | 27,895 | 166 | 1.6x |
Melrose Park, IL | 25,417 | 105 | 1.0x |
Elmwood Park, IL | 24,517 | 112 | 1.0x |
Maywood, IL | 23,547 | 98 | 0.9x |