Glencoe, IL Cost of Living


4 Reviews



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Glencoe cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Glencoe, Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

Glencoe, IL

Housing costs in Glencoe?
A typical home costs $1,091,200, which is 222.7% more expensive than the national average of $338,100 and 351.5% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Glencoe costs $2,140 per month, which is 49.7% more than the national average of $1,430 and 41.1% more than the state average of $1,260.

Can I afford Glencoe?
To live comfortably in Glencoe, Illinois, a minimum annual income of $209,160 for a family, and $74,400 for a single person is recommended.

What does A.I. say about Glencoe?
The cost of living in Glencoe, IL is relatively high compared to the national average. The median home value is around $1 million, which is about three times more than the national median. Similarly, the median rent price for a two-bedroom apartment is also much higher than the national average at $2,400 per month. With a higher cost of living comes some excellent amenities and excellent public schools as well. Overall, living in Glencoe is an attractive option for those who can afford the cost of living.
   Cost of living score
     CategoriesGlencoeIllinoisUnited States
  105.793.7100.0
  109.794100
  88.096.9100.0
  370.680.2100.0
  $1,091,200$241,700$338,100
  94.3%97.7%100.0%
  138.0106.2100.0
  140.4107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Glencoe
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I grew up in Glencoe and recently moved back after I had children so I have a unique perspective. However, I have found that the things I loved (and hated) about Glencoe  More

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I grew up in Glencoe and recently moved back after I had children so I have a unique perspective. However, I have found that the things I loved (and hated) about Glencoe  More

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Over 13 years ago

It is a wonderful village, nice beach, cute little downtown and great library. The people are so friendly and very polite. I am proud to live in this town.  More

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