Buffalo Grove, IL Cost Of Living

The latest cost of living statistics for Buffalo Grove. Includes statistics on rent, mortgages, healthcare, and other costs for Buffalo Grove compared to the state and national averages.

Cost of living in Buffalo Grove, Illinois

Cost of living in Buffalo 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 Buffalo 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:

126 Cost of living index 1.3x higher vs US
#297 Cheapest in Illinois (of 336)
#4,709 Cheapest in the U.S. (of 6,489)
$436,990 Median home value
$2,037 Median rent
$129,395 Median income
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What is the cost of living in Buffalo Grove, IL?

According to the most recent data on the cost of living, Buffalo Grove has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.

Compared to Illinois, Buffalo Grove has a cost of living index that's 1.3x higher than Illinois's index of 98.

The standard of living in Buffalo Grove ranks as #297 most affordable out of the 336 places we measured in Illinois. By definition, that implies Buffalo Grove ranks as the #39 most expensive place in the Prairie State.

For more reading on life in Buffalo Grove, check out:

Buffalo Grove Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Buffalo Grove. Here is how it fares on each of the criteria:

  • The Services index in Buffalo Grove is 100.

  • The Groceries index in Buffalo Grove is 98.

  • The Health index in Buffalo Grove is 182.

  • The Housing index in Buffalo Grove is 104.

  • The Transportation index in Buffalo Grove is 101.

  • The Utilities index in Buffalo Grove is 103.

Living Expense Buffalo Grove Illinois National Average
Overall 126 98 100
Services 100 99 100
Groceries 98 99 100
Health 182 96 100
Housing 104 101 100
Transportation 101 99 100
Utilities 103 101 100

Buffalo Grove Cost Of Living Compared To Illinois Averages

Services
Buffalo Grove 100
Illinois avg 99
Groceries
Buffalo Grove 98
Illinois avg 99
Health
Buffalo Grove 182
Illinois avg 96
Housing
Buffalo Grove 104
Illinois avg 101
Transportation
Buffalo Grove 101
Illinois avg 99
Utilities
Buffalo Grove 103
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Buffalo Grove, IL Housing Cost Breakdown

$436,990Median Home Value
$2,037Median Rent
$129,395Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Buffalo Grove is $436,990.

  • The Median Rent in Buffalo Grove is $2,037.

  • The Median Income in Buffalo Grove is $129,395.

  • The Home Value To Income in Buffalo Grove is 3.4x.

  • The Rent To Monthly Income in Buffalo Grove is 0.19x.

Statistic Buffalo Grove Illinois United States
Median Home Value $436,990 $285,735 $332,700
Median Rent $2,037 $1,274 $1,413
Median Income $129,395 $83,390 $80,734
Home Value To Income 3.4x 3.4x 4.1x
Rent To Monthly Income 0.19x 0.18x 0.21x

Buffalo Grove, IL Costs By Category

Detailed Buffalo Grove Services costs vs. Illinois
Item Buffalo Grove Illinois
Shampoo $1.27 $1.28
Movie $17.91 $12.13
Bowling $24.58 $18
Haircut $33.69 $24.26
Beauty Salon $53.44 $45.56
Detailed Buffalo Grove Groceries costs vs. Illinois
Item Buffalo Grove Illinois
Ground Beef $5.28 $5.84
Fried Chicken $1.42 $1.57
Milk $4.87 $4.67
Potatoes $4.9 $4.93
Pizza $13.41 $12.09
Beer $10.0 $10.41
Toothpaste $3.75 $3.7
Detailed Buffalo Grove Health costs vs. Illinois
Item Buffalo Grove Illinois
Optometrist $118.27 $125.68
Doctor $167.67 $135.78
Dentist $128.22 $113.29
Detailed Buffalo Grove Transportation costs vs. Illinois
Item Buffalo Grove Illinois
Gasoline $3.56 $3.46
Tire Balancing $70.87 $59.92
Detailed Buffalo Grove Utilities costs vs. Illinois
Item Buffalo Grove Illinois
All Electricity $148.58 $193.99
Phone $210.03 $192.25

Buffalo Grove SnackAbility

10Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 8/10
Diversity 8.5/10
Safety 10/10
Amenities 9.5/10
Education 9.5/10
Commute 5/10

Cost Of Living In Cities Around Buffalo Grove

The cost of living varies in the cities and towns around Buffalo 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, 1.0x Buffalo Grove.

  • Glenview, IL has a cost of living index of 146, 1.2x Buffalo Grove.

  • Elmhurst, IL has a cost of living index of 134, 1.1x Buffalo Grove.

City Population Cost Of Living Vs. Buffalo Grove
Arlington Heights, IL 76,005 125 1.0x
Glenview, IL 47,752 146 1.2x
Elmhurst, IL 45,671 134 1.1x
Park Ridge, IL 38,667 135 1.1x
Wheeling, IL 38,433 103 0.8x
Northbrook, IL 34,585 151 1.2x
Highland Park, IL 30,398 144 1.1x
Wilmette, IL 27,503 161 1.3x
Vernon Hills, IL 26,876 126 1.0x
Lake Zurich, IL 19,832 122 1.0x