Marengo, IL Cost Of Living

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

Cost of living in Marengo, Illinois

Cost of living in Marengo 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 Marengo 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:

99 Cost of living index 1.0x lower vs US
#135 Cheapest in Illinois (of 336)
#2,364 Cheapest in the U.S. (of 6,489)
$349,011 Median home value
$1,176 Median rent
$73,523 Median income
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What is the cost of living in Marengo, IL?

According to the most recent data on the cost of living, Marengo has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.

Compared to Illinois, Marengo has a cost of living index that's 1.0x higher than Illinois's index of 98.

The standard of living in Marengo ranks as #135 most affordable out of the 336 places we measured in Illinois. By definition, that implies Marengo ranks as the #201 most expensive place in the Prairie State.

For more reading on life in Marengo, check out:

Marengo Cost Of Living Vs. Illinois

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

  • The Services index in Marengo is 102.

  • The Groceries index in Marengo is 102.

  • The Health index in Marengo is 88.

  • The Housing index in Marengo is 98.

  • The Transportation index in Marengo is 97.

  • The Utilities index in Marengo is 98.

Living Expense Marengo Illinois National Average
Overall 99 98 100
Services 102 99 100
Groceries 102 99 100
Health 88 96 100
Housing 98 101 100
Transportation 97 99 100
Utilities 98 101 100

Marengo Cost Of Living Compared To Illinois Averages

Services
Marengo 102
Illinois avg 99
Groceries
Marengo 102
Illinois avg 99
Health
Marengo 88
Illinois avg 96
Housing
Marengo 98
Illinois avg 101
Transportation
Marengo 97
Illinois avg 99
Utilities
Marengo 98
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

Marengo, IL Housing Cost Breakdown

$349,011Median Home Value
$1,176Median Rent
$73,523Median 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 Marengo is $349,011.

  • The Median Rent in Marengo is $1,176.

  • The Median Income in Marengo is $73,523.

  • The Home Value To Income in Marengo is 4.7x.

  • The Rent To Monthly Income in Marengo is 0.19x.

Statistic Marengo Illinois United States
Median Home Value $349,011 $285,735 $332,700
Median Rent $1,176 $1,274 $1,413
Median Income $73,523 $83,390 $80,734
Home Value To Income 4.7x 3.4x 4.1x
Rent To Monthly Income 0.19x 0.18x 0.21x

Marengo, IL Costs By Category

Detailed Marengo Services costs vs. Illinois
Item Marengo Illinois
Shampoo $1.27 $1.28
Movie $12.73 $12.13
Bowling $12.67 $18
Haircut $19.94 $24.26
Beauty Salon $36.22 $45.56
Detailed Marengo Groceries costs vs. Illinois
Item Marengo Illinois
Ground Beef $5.72 $5.84
Fried Chicken $1.42 $1.57
Milk $4.63 $4.67
Potatoes $4.82 $4.93
Pizza $10.99 $12.09
Beer $9.56 $10.41
Toothpaste $3.58 $3.7
Detailed Marengo Health costs vs. Illinois
Item Marengo Illinois
Optometrist $79.67 $125.68
Doctor $158.33 $135.78
Dentist $110.16 $113.29
Detailed Marengo Transportation costs vs. Illinois
Item Marengo Illinois
Gasoline $3.69 $3.46
Tire Balancing $70.28 $59.92
Detailed Marengo Utilities costs vs. Illinois
Item Marengo Illinois
All Electricity $147.39 $193.99
Phone $198.03 $192.25

Marengo SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 7/10
Affordability 8.5/10
Diversity 7/10
SafetyN/A
Amenities 8/10
Education 7/10
Commute 7/10

Cost Of Living In Cities Around Marengo

The cost of living varies in the cities and towns around Marengo. Here's a quick look at the cost of living in the most populous nearby places:

  • Crystal Lake, IL has a cost of living index of 107, 1.1x Marengo.

  • Algonquin, IL has a cost of living index of 117, 1.2x Marengo.

  • Lake in the Hills, IL has a cost of living index of 113, 1.1x Marengo.

City Population Cost Of Living Vs. Marengo
Crystal Lake, IL 40,579 107 1.1x
Algonquin, IL 30,067 117 1.2x
Lake in the Hills, IL 28,800 113 1.1x
Huntley, IL 28,005 111 1.1x
Woodstock, IL 26,147 99 1.0x
Sycamore, IL 18,559 102 1.0x
Cary, IL 17,923 109 1.1x
Harvard, IL 9,598 92 0.9x
Gilberts, IL 8,606 120 1.2x
Hampshire, IL 8,524 115 1.2x