What is the cost of living in Glencoe, IL?
According to the most recent data on the cost of living, Glencoe has an overall cost of living index of 240, which is 2.4x higher than the national index of 100.
Compared to Illinois, Glencoe has a cost of living index that's 2.4x higher than Illinois's index of 98.
The standard of living in Glencoe ranks as #336 most affordable out of the 336 places we measured in Illinois. By definition, that implies Glencoe ranks as the #0 most expensive place in the Prairie State.
For more reading on life in Glencoe, check out:
Glencoe Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Glencoe. Here is how it fares on each of the criteria:
The Services index in Glencoe is 99.
The Groceries index in Glencoe is 97.
The Health index in Glencoe is 574.
The Housing index in Glencoe is 104.
The Transportation index in Glencoe is 100.
The Utilities index in Glencoe is 95.
| Living Expense | Glencoe | Illinois | National Average |
|---|---|---|---|
| Overall | 240 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 574 | 96 | 100 |
| Housing | 104 | 101 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 95 | 101 | 100 |
Glencoe Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Glencoe Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Glencoe, IL Housing Cost Breakdown
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 Glencoe is $1,577,964.
The Median Rent in Glencoe is $2,211.
The Median Income in Glencoe is $248,933.
The Home Value To Income in Glencoe is 6.3x.
The Rent To Monthly Income in Glencoe is 0.11x.
Glencoe, IL Costs By Category
Detailed Glencoe Services costs vs. Illinois
Detailed Glencoe Groceries costs vs. Illinois
Detailed Glencoe Health costs vs. Illinois
Detailed Glencoe Transportation costs vs. Illinois
Glencoe SnackAbility
Cost Of Living In Cities Around Glencoe
The cost of living varies in the cities and towns around Glencoe. 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 146, 0.6x Glencoe.
Elmhurst, IL has a cost of living index of 134, 0.6x Glencoe.
Buffalo Grove, IL has a cost of living index of 126, 0.5x Glencoe.
| City | Population | Cost Of Living | Vs. Glencoe |
|---|---|---|---|
| Glenview, IL | 47,752 | 146 | 0.6x |
| Elmhurst, IL | 45,671 | 134 | 0.6x |
| Buffalo Grove, IL | 42,891 | 126 | 0.5x |
| Park Ridge, IL | 38,667 | 135 | 0.6x |
| Northbrook, IL | 34,585 | 151 | 0.6x |
| Highland Park, IL | 30,398 | 144 | 0.6x |
| Wilmette, IL | 27,503 | 161 | 0.7x |
| Lake Zurich, IL | 19,832 | 122 | 0.5x |
| Deerfield, IL | 19,518 | 148 | 0.6x |
| Winnetka, IL | 12,484 | 216 | 0.9x |
