Yes, living in Downers Grove, Illinois, is generally considered expensive, largely driven by its significantly higher housing costs compared to the national average.
Understanding the Cost of Living in Downers Grove
When evaluating the cost of living in any area, key components such as housing, utilities, groceries, transportation, and healthcare are typically considered. In Downers Grove, the most substantial impact on residents' budgets comes from housing, which stands out as a considerably higher expense.
Key Cost Factors
Different aspects of daily life contribute to the overall cost, and some stand out more than others in Downers Grove.
Housing Expenses
Housing is the primary driver of the high cost of living in Downers Grove. Housing expenses in the village are 85% higher than the national average. This means that whether you are looking to rent an apartment or purchase a home, you can expect to pay significantly more compared to what the average American spends on housing. This elevated cost reflects the demand for living in this desirable Chicago suburb.
Utility Costs
In contrast to housing, utility prices in Downers Grove offer a slight reprieve. Utility costs are 6% lower than the national average, which can help offset some of the higher expenses in other categories. This includes costs such as electricity, heating, cooling, and water.
Cost Comparison Overview
To provide a clear picture, here's a direct comparison of Downers Grove's key living expenses relative to the national average:
| Expense Category | Downers Grove vs. National Average |
|---|---|
| Housing | 85% Higher |
| Utilities | 6% Lower |
While utilities offer a small saving, the overwhelming impact of housing costs makes Downers Grove an expensive place to live for most individuals and families. Prospective residents should primarily budget for substantial housing expenditures.
