Elk Grove Village, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
115
Elk Grove Village's Overall Cost Of Living
1.1x
Higher Than The National Average
272 out of 338
In Illinois
4,492 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Elk Grove Village is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Elk Grove Village, IL?

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.

For more reading on life in Elk Grove Village, check out:

Elk Grove Village Cost Of Living Vs. Illinois

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
For more reading on cost of living around Illinois, check out:
Elk Grove Village Cost of Living Vs. IL

Elk Grove Village, IL Housing Cost Breakdown

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.

$286,300
Median Home Value
$1,307
Median Rent
$85,240
Median Income
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

Detailed Elk Grove Village Services Costs Vs. Illinois

Item Elk Grove Village Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67

Detailed Elk Grove Village Groceries Costs Vs. Illinois

Item Elk Grove Village Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05

Detailed Elk Grove Village Health Costs Vs. Illinois

Item Elk Grove Village Illinois
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05
Toothpaste $2.46 $2.34

Detailed Elk Grove Village Transportation Costs Vs. Illinois

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

Detailed Elk Grove Village Utilities Costs Vs. Illinois

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

Elk Grove Village SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
7
Diversity
8
Safety
9
Amenities
9
Education
8.5
Commute
6

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