Cost of Living in Leland Grove, IL

With a cost of living index of 90, Leland Grove, IL is slightly more affordable than average. Living here is 10% cheaper than the national average and 11% above the Illinois state average of 80. Leland Grove is a small community of 1,595 residents.

Housing costs are the biggest factor in Leland Grove's cost of living. The median monthly rent is $1,227 (7% below the US median of $1,319), and the median home value sits at $261,500 (14% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Leland Grove is $126,944, which is 69% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Leland Grove. The area sees an average annual temperature of 54°F, with summers averaging 75°F and winters around 31°F. Annual rainfall totals 38 inches spread over roughly 115 days.

Everyday prices in the Springfield, IL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.