River Grove, IL Cost Of Living
Cost Of Living In River Grove, IL Summary
Cost of living in River 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 River 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 River Grove is 105, with 100 being the average.
The cost of living index in River Grove is 1.1x higher than the national average.
River Grove ranks as the #185 cheapest in Illinois out of 336.
River Grove ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in River Grove is $298,086.
The median income in River Grove is $74,793.
Table Of Contents
River Grove's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in River Grove, IL?
According to the most recent data on the cost of living, River Grove has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Illinois, River Grove has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in River Grove ranks as #185 most affordable out of the 336 places we measured in Illinois. By definition, that implies River Grove ranks as the #151 most expensive place in the Prairie State.
For more reading on life in River Grove, check out:
In Illinois
In America
River Grove Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in River Grove. Here is how it fairs on each of the criteria:
The Services index in River Grove is 108.
The Groceries index in River Grove is 104.
The Health index in River Grove is 108.
The Housing index in River Grove is 109.
The Transportation index in River Grove is 108.
The Utilities index in River Grove is 91.
| Living Expense | River Grove | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 104 | 99 | 100 | |
| Health | 108 | 93 | 100 | |
| Housing | 109 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
River 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 2019-2023. The key points are:
The Median Home Value in River Grove is $298,086.
The Median Rent in River Grove is $1,230.
The Median Income in River Grove is $74,793.
The Home Value To Income in River Grove is 4.0x.
The Rent To Monthly Income in River Grove is 0.2x.
| Statistic | River Grove | Illinois | United States |
|---|---|---|---|
| Median Home Value | $298,086 | $283,508 | $303,400 |
| Median Rent | $1,230 | $1,227 | $1,348 |
| Median Income | $74,793 | $81,702 | $78,538 |
| Home Value To Income | 4.0x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
River Grove, IL Costs By Category
Detailed River Grove Services Costs Vs. Illinois
| Item | River Grove | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
Detailed River Grove Groceries Costs Vs. Illinois
| Item | River Grove | Illinois |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed River Grove Health Costs Vs. Illinois
| Item | River Grove | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed River Grove Transportation Costs Vs. Illinois
| Item | River Grove | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed River Grove Utilities Costs Vs. Illinois
| Item | River Grove | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
River Grove SnackAbility
/10
Cost Of Living In Cities Around River Grove
The cost of living varies in the cities and towns around River Grove. 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 149, 1.4x River Grove.
Elmhurst, IL has a cost of living index of 139, 1.3x River Grove.
Buffalo Grove, IL has a cost of living index of 125, 1.2x River Grove.
| City | Population | Cost Of Living | Vs. River Grove |
|---|---|---|---|
| Glenview, IL | 47,682 | 149 | 1.4x |
| Elmhurst, IL | 45,538 | 139 | 1.3x |
| Buffalo Grove, IL | 42,824 | 125 | 1.2x |
| Park Ridge, IL | 39,241 | 138 | 1.3x |
| Northbrook, IL | 34,642 | 153 | 1.5x |
| Highland Park, IL | 30,229 | 148 | 1.4x |
| Wilmette, IL | 27,550 | 164 | 1.6x |
| Melrose Park, IL | 24,513 | 108 | 1.0x |
| Elmwood Park, IL | 23,982 | 113 | 1.1x |
| Maywood, IL | 23,173 | 99 | 0.9x |
