Glencoe, IL vs Morton Grove, IL

The cost of living difference between Glencoe, IL and Morton Grove, IL is dramatic. Morton Grove is 57.4% cheaper than Glencoe, a gap that translates to thousands of dollars per year in household expenses. Glencoe has a cost index of 211 while Morton Grove sits at 134, 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 Glencoe is $2,097/month compared to $2,210/month in Morton Grove — a 5% difference. Interestingly, home values tell a different story: while Glencoe has cheaper rent, Morton Grove actually has lower median home values ($377,000 vs $1,354,900).

Median household income in Glencoe is $250,001 compared to $106,078 in Morton Grove (+135.7%). While Glencoe is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glencoe spend roughly 10.1% of their income on rent, less than the 25% in Morton Grove.

Climate-wise, both cities share similar average temperatures (50.8°F vs 50.8°F). Morton Grove receives more rainfall at 32.3" per year compared to 32.3" in Glencoe.