Long Grove, IL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Long Grove, IL Summary

Cost of living in Long 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 Long 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 Long Grove is 170, with 100 being the average.

  • The cost of living index in Long Grove is 1.7x higher than the national average.

  • Long Grove ranks as the #332 cheapest in Illinois out of 338.

  • Long Grove ranks as the #6,123 cheapest out of 6,412 in the US.

  • The median home value in Long Grove is $664,000.

  • The median income in Long Grove is $207,275.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
170
Long Grove's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Long Grove, IL?

According to the most recent data on the cost of living, Long Grove has an overall cost of living index of 170, which is 1.7x higher than the national index of 100.

Compared to Illinois, Long Grove has a cost of living index that's 1.8x higher than Illinois's index of 92.

The standard of living in Long Grove ranks as #332 most affordable out of the 338 places we measured in Illinois. By definition, that implies Long Grove ranks as the #6 most expensive place in the Prairie State.

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

332 out of 338
In Illinois
6,123 out of 6,412
In America

Long Grove Cost Of Living Vs. Illinois

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

  • The Services index in Long Grove is 114.

  • The Groceries index in Long Grove is 105.

  • The Health index in Long Grove is 101.

  • The Housing index in Long Grove is 312.

  • The Transportation index in Long Grove is 112.

  • The Utilities index in Long Grove is 92.

Living Expense Long Grove Illinois National Average
Overall 170 92 100
Services 114 95 100
Groceries 105 98 100
Health 101 96 100
Housing 312 81 100
Transportation 112 105 100
Utilities 92 90 100
For more reading on cost of living around Illinois, check out:
Long Grove Cost of Living Vs. IL

Long Grove, 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 2017-2021. The key points are:

  • The Median Home Value in Long Grove is $664,000.

  • The Median Rent in Long Grove is $3,501.

  • The Median Income in Long Grove is $207,275.

  • The Home Value To Income in Long Grove is 3.2x.

  • The Rent To Monthly Income in Long Grove is 0.2x.

Statistic Long Grove Illinois United States
Median Home Value $664,000 $212,600 $244,900
Median Rent $3,501 $1,097 $1,163
Median Income $207,275 $72,563 $69,021
Home Value To Income 3.2x 2.9x 3.5x
Rent To Monthly Income 0.2x 0.18x 0.2x
Search Homes For Sale In Long Grove, IL
$664,000
Median Home Value
$3,501
Median Rent
$207,275
Median Income

Long Grove, IL Costs By Category

Detailed Long Grove Services Costs Vs. Illinois

Item Long 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

Detailed Long Grove Groceries Costs Vs. Illinois

Item Long 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

Detailed Long Grove Health Costs Vs. Illinois

Item Long Grove Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Long Grove Transportation Costs Vs. Illinois

Item Long Grove Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Long Grove Utilities Costs Vs. Illinois

Item Long Grove Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Long Grove SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
6
Diversity
8.5
Safety
N/A
Amenities
7
Education
9.5
Commute
4

Cost Of Living In Cities Around Long Grove

The cost of living varies in the cities and towns around Long 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, 0.7x Long Grove.

  • Glenview, IL has a cost of living index of 147, 0.9x Long Grove.

  • Buffalo Grove, IL has a cost of living index of 121, 0.7x Long Grove.

City Population Cost Of Living Vs. Long Grove
Arlington Heights, IL 77,283 125 0.7x
Glenview, IL 48,150 147 0.9x
Buffalo Grove, IL 43,062 121 0.7x
Park Ridge, IL 39,562 131 0.8x
Northbrook, IL 35,108 156 0.9x
Mundelein, IL 31,596 113 0.7x
Highland Park, IL 30,245 152 0.9x
Wilmette, IL 27,895 166 1.0x
Vernon Hills, IL 26,723 126 0.7x
Lake Zurich, IL 19,807 125 0.7x

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