What is the cost of living in Rolling Meadows, IL?
According to the most recent data on the cost of living, Rolling Meadows has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Rolling Meadows has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Rolling Meadows ranks as #246 most affordable out of the 336 places we measured in Illinois. By definition, that implies Rolling Meadows ranks as the #90 most expensive place in the Prairie State.
For more reading on life in Rolling Meadows, check out:
Rolling Meadows Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Rolling Meadows. Here is how it fares on each of the criteria:
The Services index in Rolling Meadows is 99.
The Groceries index in Rolling Meadows is 99.
The Health index in Rolling Meadows is 140.
The Housing index in Rolling Meadows is 99.
The Transportation index in Rolling Meadows is 97.
The Utilities index in Rolling Meadows is 98.
| Living Expense | Rolling Meadows | Illinois | National Average |
|---|---|---|---|
| Overall | 113 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 140 | 96 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 98 | 101 | 100 |
Rolling Meadows 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 Rolling Meadows Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Rolling Meadows, 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 Rolling Meadows is $322,644.
The Median Rent in Rolling Meadows is $1,607.
The Median Income in Rolling Meadows is $98,514.
The Home Value To Income in Rolling Meadows is 3.3x.
The Rent To Monthly Income in Rolling Meadows is 0.2x.
| Statistic | Rolling Meadows | Illinois | United States |
|---|---|---|---|
| Median Home Value | $322,644 | $285,735 | $332,700 |
| Median Rent | $1,607 | $1,274 | $1,413 |
| Median Income | $98,514 | $83,390 | $80,734 |
| Home Value To Income | 3.3x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Rolling Meadows, IL Costs By Category
Detailed Rolling Meadows Services costs vs. Illinois
| Item | Rolling Meadows | 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 Rolling Meadows Groceries costs vs. Illinois
| Item | Rolling Meadows | 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 Rolling Meadows Health costs vs. Illinois
| Item | Rolling Meadows | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Rolling Meadows Transportation costs vs. Illinois
| Item | Rolling Meadows | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Rolling Meadows Utilities costs vs. Illinois
| Item | Rolling Meadows | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Rolling Meadows SnackAbility
Cost Of Living In Cities Around Rolling Meadows
The cost of living varies in the cities and towns around Rolling Meadows. Here's a quick look at the cost of living in the most populous nearby places:
Schaumburg, IL has a cost of living index of 115, 1.0x Rolling Meadows.
Arlington Heights, IL has a cost of living index of 125, 1.1x Rolling Meadows.
Palatine, IL has a cost of living index of 113, 1.0x Rolling Meadows.
| City | Population | Cost Of Living | Vs. Rolling Meadows |
|---|---|---|---|
| Schaumburg, IL | 76,868 | 115 | 1.0x |
| Arlington Heights, IL | 76,005 | 125 | 1.1x |
| Palatine, IL | 66,293 | 113 | 1.0x |
| Mount Prospect, IL | 55,472 | 121 | 1.1x |
| Hoffman Estates, IL | 51,175 | 118 | 1.0x |
| Glenview, IL | 47,752 | 146 | 1.3x |
| Elmhurst, IL | 45,671 | 134 | 1.2x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Park Ridge, IL | 38,667 | 135 | 1.2x |
| Wheeling, IL | 38,433 | 103 | 0.9x |
