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Glenwood, IL vs Morton Grove, IL

101
Glenwood
Illinois
VS
-24.8%
134
Morton Grove
Illinois

There is a significant gap in the cost of living between these two cities. Glenwood is 24.8% cheaper than Morton Grove. With a cost index of 101 vs 134, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glenwood to Morton Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glenwood is $1,639/month compared to $2,210/month in Morton Grove — a 26% difference. Home values follow the same pattern: Glenwood is more affordable at $182,900 median vs $377,000.

Median household income in Glenwood is $71,376 compared to $106,078 in Morton Grove (-32.7%). While Morton 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 Glenwood spend roughly 27.6% of their income on rent, more than the 25% in Morton Grove.

Climate-wise, both cities share similar average temperatures (52.1°F vs 50.8°F). Glenwood receives more rainfall at 34.4" per year compared to 32.3" in Morton Grove.

Income & Cost

Cost of Living Index
Glenwood
101
25% cheaper
Morton Grove
134
Median Household Income
Glenwood
$71,376
Morton Grove
$106,078
33% higher

Housing

Median Rent
Glenwood
$1,639
26% cheaper
Morton Grove
$2,210
Median Home Value
Glenwood
$182,900
51% cheaper
Morton Grove
$377,000
Population
Glenwood
8,620
Morton Grove
24,687

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Glenwood 52.1°F
Morton Grove 50.8°F
Summer High
Glenwood 85°F
Morton Grove 84°F
Winter Low
Glenwood 19°F
Morton Grove 18°F
Rainfall
Glenwood 34.4"
Morton Grove 32.3"
Rainy Days
Glenwood 121d
Morton Grove 112d