Cost Of Living in River Grove, IL

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C

6%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

11%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	River Grove	Illinois	National
Cost of living	106	96	100
Goods & Services	107	97	100
Groceries	104	98	100
Health care	108	95	100
Housing	111	95	100
Transportation	107	103	100
Utilities	89	89	100

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Cost Of Living Quick Facts

The cost of living in River Grove is 10% higher than the Illinois average
The cost of living in River Grove is 6% higher than the national average
River Grove housing is 11% higher than the national average
Illinois general sales tax is 22% higher than the national average
Illinois state income tax is 91% higher than the national average

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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$72,972	$6,081	$1,703	$2,189
Renters	$57,670	$4,806	$1,346	$1,730

A good way to judge both the affordability of the housing and the cost of living in River Grove is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. River Grove has a median income of about $72,972 for people who own homes. Based on that number, a maximum of $1,703 should be spent on expenses related to housing. Renters have a slightly different median income, which is $57,670. Based on this average, renters should spend no more than $1,346 on all rental costs if they want to maintain a non-impoverished standard of living.

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	10.25%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	4.95%	4.95%

Goods & Services

Item	River Grove	National avg.	Difference
Haircut	$33.69	$24.26	38.9%
Beauty Salon	$53.44	$45.56	17.3%
Toothpaste	$3.75	$3.70	1.4%
Shampoo	$1.27	$1.28	1.1%
Movie	$17.91	$12.13	47.6%
Bowling	$24.58	$18.00	36.6%

Groceries

Item	River Grove	National avg.	Difference
Ground Beef	$5.28	$5.84	9.5%
Fried Chicken	$1.42	$1.57	9.7%
Milk	$4.87	$4.67	4.3%
Potatoes	$4.90	$4.93	0.7%
Pizza	$13.41	$12.09	10.9%
Beer	$10.00	$10.41	4.0%

Health Care

Item	River Grove	National avg.	Difference
Optometrist	$118.27	$125.68	5.9%
Doctor	$167.67	$135.78	23.5%
Dentist	$128.22	$113.29	13.2%
Ibuprofen	$10.97	$10.65	2.9%
Lipitor	$382.34	$468.60	18.4%

Housing

Item	River Grove	National avg.	Difference
Home Price	$211,600.00	$184,700.00	14.6%
Avg. Mortgage Payment	$2,578.06	$2,346.69	9.9%
Apartment Rent	$984.00	$949.00	3.7%

Transportation

Item	River Grove	National avg.	Difference
Gasoline	$3.56	$3.46	2.7%
Tire Balancing	$70.87	$59.92	18.3%

Utilities

Item	River Grove	National avg.	Difference
All Electricity	$148.58	$193.99	23.4%
Phone	$210.03	$192.25	9.3%

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	Population	Cost of Living Index	National Avg.
Hodgkins, IL	1,753	85	14.6%
Hometown, IL	4,216	91	9.0%
Maywood, IL	23,351	100	0.0%
Bellwood, IL	18,799	101	1.0%
Broadview, IL	7,677	101	1.1%
River Grove, IL	9,957	106	6.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pleasant Hill, IA	9,959	100	0.0%
Boiling Springs, SC	9,953	95	5.2%
Kapaa, HI	9,961	171	71.0%
Charter Oak, CA	9,963	143	42.6%
Scaggsville, MD	9,948	160	60.4%
River Grove, IL	9,957	106	6.1%