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Buffalo Grove, IL vs Godfrey, IL

130
Buffalo Grove
Illinois
VS
+58.9%
82
Godfrey
Illinois

The cost of living difference between Buffalo Grove, IL and Godfrey, IL is dramatic. Godfrey is 58.9% cheaper than Buffalo Grove, a gap that translates to thousands of dollars per year in household expenses. Buffalo Grove has a cost index of 130 while Godfrey sits at 82, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Buffalo Grove is $2,042/month compared to $1,111/month in Godfrey — a 84% difference. Home values follow the same pattern: Godfrey is more affordable at $181,400 median vs $392,900.

Median household income in Buffalo Grove is $129,820 compared to $92,746 in Godfrey (+40%). The higher salaries in Buffalo Grove partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Buffalo Grove spend roughly 18.9% of their income on rent, more than the 14.4% in Godfrey.

Income & Cost

Cost of Living Index
Buffalo Grove
130
Godfrey
82
37% cheaper
Median Household Income
Buffalo Grove
$129,820
29% higher
Godfrey
$92,746

Housing

Median Rent
Buffalo Grove
$2,042
Godfrey
$1,111
46% cheaper
Median Home Value
Buffalo Grove
$392,900
Godfrey
$181,400
54% cheaper
Population
Buffalo Grove
42,824
Godfrey
17,743

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buffalo Grove $3.20
Godfrey $3.03
US $3.07
🥚
Eggs (grade A, large)
Buffalo Grove $2.61
Godfrey $2.47
US $2.50
🥛
Milk (whole)
Buffalo Grove $4.20
Godfrey $3.97
US $4.03
🍞
Bread (white)
Buffalo Grove $1.93
Godfrey $1.83
US $1.85
🍗
Chicken breast
Buffalo Grove $4.32
Godfrey $4.09
US $4.14
Electricity
Buffalo Grove $0.15
Godfrey $0.15
US $0.19