According to the most recent data on the cost of living, Elk Grove Village has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.
Compared to only Illinois, Elk Grove Village has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Elk Grove Village ranks as #4,494 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Elk Grove Village ranks as the #1,925 most expensive place in the Prairie State.
Living Expense | Elk Grove Village | Illinois | National Average | |
---|---|---|---|---|
Overall | 115 | 98 | 100 | |
Services | 114 | 95 | 100 | |
Groceries | 109 | 97 | 100 | |
Health | 97 | 99 | 100 | |
Housing | 135 | 96 | 100 | |
Transportation | 114 | 105 | 100 | |
Utilities | 92 | 94 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Elk Grove Village | Illinois | United States |
---|---|---|---|
Median Home Value | $286,300 | $202,100 | $229,800 |
Median Rent | $1,307 | $1,038 | $1,096 |
Median Income | $85,240 | $68,428 | $64,994 |
Home Value To Income | 3.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Elk Grove Village | Illinois |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $14.85 | $10.68 |
Bowling | $15.76 | $14.67 |
Item | Elk Grove Village | Illinois |
---|---|---|
Ground Beef | $4.87 | $4.22 |
Fried Chicken | $1.99 | $1.39 |
Milk | $2.42 | $2.05 |
Item | Elk Grove Village | Illinois |
---|---|---|
Haircut | $27.76 | $18.62 |
Beauty Salon | $65.57 | $39.05 |
Toothpaste | $2.46 | $2.34 |
Item | Elk Grove Village | Illinois |
---|---|---|
Potatoes | $3.23 | $3.29 |
Pizza | $12.0 | $10.62 |
Beer | $8.61 | $9.38 |
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Elk Grove Village | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |