Cost of living in Pingree 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 Pingree 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 Pingree Grove is 110, with 100 being the average.
The cost of living index in Pingree Grove is 1.1x higher than the national average.
Pingree Grove ranks as the #214 cheapest in Illinois out of 336.
Pingree Grove ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Pingree Grove is $367,794.
The median income in Pingree Grove is $119,880.
According to the most recent data on the cost of living, Pingree Grove has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Illinois, Pingree Grove has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Pingree Grove ranks as #214 most affordable out of the 336 places we measured in Illinois. By definition, that implies Pingree Grove ranks as the #122 most expensive place in the Prairie State.
For more reading on life in Pingree Grove, check out:
Six factors go into calculating the cost of living index in Pingree Grove. Here is how it fairs on each of the criteria:
The Services index in Pingree Grove is 88.
The Groceries index in Pingree Grove is 96.
The Health index in Pingree Grove is 100.
The Housing index in Pingree Grove is 151.
The Transportation index in Pingree Grove is 111.
The Utilities index in Pingree Grove is 85.
| Living Expense | Pingree Grove | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 110 | 97 | 100 | |
| Services | 88 | 95 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 100 | 93 | 100 | |
| Housing | 151 | 95 | 100 | |
| Transportation | 111 | 102 | 100 | |
| Utilities | 85 | 91 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Pingree Grove is $367,794.
The Median Rent in Pingree Grove is $1,219.
The Median Income in Pingree Grove is $119,880.
The Home Value To Income in Pingree Grove is 3.1x.
The Rent To Monthly Income in Pingree Grove is 0.12x.
| Statistic | Pingree Grove | Illinois | United States |
|---|---|---|---|
| Median Home Value | $367,794 | $283,508 | $303,400 |
| Median Rent | $1,219 | $1,227 | $1,348 |
| Median Income | $119,880 | $81,702 | $78,538 |
| Home Value To Income | 3.1x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.12x | 0.18x | 0.21x |
| Item | Pingree Grove | 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 |
| Item | Pingree Grove | 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 |
| Item | Pingree Grove | Illinois |
|---|---|---|
| Optometrist | $79.67 | $125.68 |
| Doctor | $158.33 | $135.78 |
| Dentist | $110.16 | $113.29 |
| Item | Pingree Grove | Illinois |
|---|---|---|
| Gasoline | $3.69 | $3.46 |
| Tire Balancing | $70.28 | $59.92 |
| Item | Pingree Grove | Illinois |
|---|---|---|
| All Electricity | $147.39 | $193.99 |
| Phone | $198.03 | $192.25 |
The cost of living varies in the cities and towns around Pingree Grove. Here's a quick look at the cost of living in the most populous nearby places:
Elgin, IL has a cost of living index of 107, 1.0x Pingree Grove.
Schaumburg, IL has a cost of living index of 117, 1.1x Pingree Grove.
Hoffman Estates, IL has a cost of living index of 118, 1.1x Pingree Grove.
| City | Population | Cost Of Living | Vs. Pingree Grove |
|---|---|---|---|
| Elgin, IL | 114,106 | 107 | 1.0x |
| Schaumburg, IL | 76,780 | 117 | 1.1x |
| Hoffman Estates, IL | 51,186 | 118 | 1.1x |
| Bartlett, IL | 40,531 | 122 | 1.1x |
| Carol Stream, IL | 39,427 | 114 | 1.0x |
| Carpentersville, IL | 37,544 | 105 | 1.0x |
| Algonquin, IL | 29,904 | 110 | 1.0x |
| Lake in the Hills, IL | 28,853 | 104 | 0.9x |
| Huntley, IL | 27,859 | 107 | 1.0x |
| Roselle, IL | 22,731 | 116 | 1.1x |