States › Illinois › Long Grove

Is Long Grove, IL expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$250,000+about $20,833/month · 187% higher than U.S. average
🔑 House price$804,600142% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 33.5 minutes each way. Most homes (96.3%) are owned, so rentals can be hard to find. It is a highly educated city: 75.7% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 332 of 334 cities from cheapest to most expensive.

Long Grove
$3,500+
Maryville
$1,266
Paris
$859
Harrisburg
$840
Crete
$1,448
Hampshire
$2,863
Hillside
$1,460

How much do households earn in Long Grove?

Under $25k
1.7%
$25k–50k
2.1%
$50k–100k
15.0%
$100k–150k
15.7%
$150k+
65.5%

Share of households by yearly income. 81.2% of households earn $100,000 or more.

How expensive is Long Grove overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Long Grove, so the Illinois figure is shown.

Taxes and bills in Long Grove

🏛️ Property tax$10,000+a year · 1.24% of home value · U.S. $3,119
⚡ Electric bill$205a month (typical) · U.S. $156

Life in Long Grove

Commute to work33.5 minU.S.: 26.4 min
College degree75.7%U.S.: 35.7%
Own their home96.3%U.S.: 65.2%
Below poverty line1.2%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Long Grove?

Renting is cheaper right now: about $2,082 a month less.

Renting
$3,500+
Owning
$5,583

Owning assumes a typical $804,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $80,460 for the down payment.

Frequently asked questions

What is the average rent in Long Grove, IL?

Renting in Long Grove costs a median of about $3,500+ a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Long Grove?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Long Grove cheap or expensive?

Long Grove is rated Cheap: rent takes 16.8% of the typical household income of $250,000+. It ranks 332nd cheapest of 334 Illinois cities we track.

How much are property taxes in Long Grove?

The median homeowner in Long Grove pays $10,000+ a year in property taxes, about 1.24% of the median home value.

Is Long Grove more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Long Grove?

The median home value in Long Grove is $804,600, about 3.2 times the typical yearly household income.

8,305 people live in Long Grove. Numbers are typical (middle) values.