Fox River Grove cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexFox River GroveIllinoisNational
Cost of living11398100
IndexFox River GroveIllinoisNational
Goods & Services10998100
Groceries10497100
Health care100100100
Housing12595100
Transportation125112100
Utilities9397100

Key findings

  • The cost of living in Fox River Grove is 15% higher than the Illinois average
  • The cost of living in Fox River Grove is 13% higher than the national average
  • Fox River Grove housing is 25% higher than the national average
  • Illinois general sales tax is 23% higher than the national average
  • Illinois state income tax is 123% higher than the national average

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Compare Fox River Grove, IL Cost of Living To Other Cities

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$105,250$8,771$2,456$3,158
      Renters$42,844$3,570$1,000$1,285
      The affordability of the housing market in Fox River Grove, IL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Fox River Grove homeowners, the median income is $105,250. This indicates that a monthly maximum of $2,456 should be spent by homeowners on all housing related costs. Renters have a median income of $42,844. This indicates that renters would have a maximum of $1,000 for their rent related monthly costs.

      Illinois Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Illinois6.25%10.25%

      Illinois Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Illinois4.95%4.95%

      Goods & Services

      ItemFox River GroveNational avg.Difference
      Haircut $22.00$17.4925.8%
      Beauty Salon $69.77$38.1782.8%
      Toothpaste $2.69$2.3215.9%
      Shampoo $0.92$1.019.1%
      Movie $14.86$10.7238.6%
      Bowling $19.00$13.8637.1%

      Groceries

      ItemFox River GroveNational avg.Difference
      Ground Beef $4.07$3.904.4%
      Fried Chicken $1.74$1.4024.7%
      Milk $2.09$1.966.5%
      Potatoes $3.74$3.1817.5%
      Pizza $10.00$10.393.8%
      Beer $8.14$9.2311.8%

      Health Care

      ItemFox River GroveNational avg.Difference
      Optometrist $97.00$106.348.8%
      Doctor $105.00$115.258.9%
      Dentist $102.00$98.383.7%
      Ibuprofen $9.95$9.267.4%
      Lipitor $494.16$466.475.9%

      Housing

      ItemFox River GroveNational avg.Difference
      Home Price $251,300.00$184,700.0036.1%
      Avg. Mortgage Payment $1,857.61$1,273.3245.9%
      Apartment Rent $939.00$949.001.1%

      Transportation

      ItemFox River GroveNational avg.Difference
      Gasoline $3.42$2.5931.8%
      Tire Balancing $57.00$48.9016.6%

      Utilities

      ItemFox River GroveNational avg.Difference
      All Electricity$131.81$167.6021.4%
      Phone $200.46$163.4222.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      McCullom Lake, IL1,01192-8%
      Fox Lake, IL10,4341000%
      Round Lake Beach, IL27,9361000%
      Round Lake Park, IL7,9891011%
      Carpentersville, IL38,2751022%
      Fox River Grove, IL4,82211313%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Vamo, FL4,8241099%
      Omak, WA4,82497-3%
      Little Falls, NY4,81985-15%
      Sansom Park, TX4,81984-16%
      Michigan Center, MI4,81982-18%
      Fox River Grove, IL4,82211313%
      Source: The Fox River Grove, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.