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Diamond, IL vs Long Grove, IL

90
Diamond
Illinois
VS
-55.6%
203
Long Grove
Illinois

The cost of living difference between Diamond, IL and Long Grove, IL is dramatic. Diamond is 55.6% cheaper than Long Grove, a gap that translates to thousands of dollars per year in household expenses. Diamond has a cost index of 90 while Long Grove sits at 203, 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 Diamond is $1,224/month compared to $3,501/month in Long Grove — a 65% difference. Home values follow the same pattern: Diamond is more affordable at $211,500 median vs $746,700.

Median household income in Diamond is $60,000 compared to $235,368 in Long Grove (-74.5%). While Long Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Diamond spend roughly 24.5% of their income on rent, more than the 17.8% in Long Grove.

Income & Cost

Cost of Living Index
Diamond
90
56% cheaper
Long Grove
203
Median Household Income
Diamond
$60,000
Long Grove
$235,368
75% higher

Housing

Median Rent
Diamond
$1,224
65% cheaper
Long Grove
$3,501
Median Home Value
Diamond
$211,500
72% cheaper
Long Grove
$746,700
Population
Diamond
2,900
Long Grove
8,266

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Diamond $3.20
Long Grove $3.20
US $3.07
🥚
Eggs (grade A, large)
Diamond $2.61
Long Grove $2.61
US $2.50
🥛
Milk (whole)
Diamond $4.20
Long Grove $4.20
US $4.03
🍞
Bread (white)
Diamond $1.93
Long Grove $1.93
US $1.85
🍗
Chicken breast
Diamond $4.32
Long Grove $4.32
US $4.14
Electricity
Diamond $0.15
Long Grove $0.15
US $0.19