Nestled in the heart of DuPage County, Glen Ellyn, IL, is a picturesque village that attracts families, professionals, and retirees alike. Known for its tree-lined streets, historic charm, and vibrant community, Glen Ellyn offers a quality of life that’s hard to match. 

However, as with any desirable location, it’s essential to understand the financial implications of living here. This article delves into the cost of living in Glen Ellyn, IL, providing you with a clear picture of what to expect if you’re considering making this village your home.

Housing Costs in Glen Ellyn, IL

One of the most significant factors impacting the cost of living in Glen Ellyn, IL, is housing. The village is known for its beautiful, historic homes, many of which date back to the early 20th century. Whether you’re looking for a charming bungalow, a spacious family home, or a modern condo, Glen Ellyn has something to offer. However, this variety comes with a price.

As of 2024, the median home price in Glen Ellyn hovers around $450,000. This figure is higher than the national average but reflects the village’s desirability and the quality of its housing stock. Renting in Glen Ellyn is also on the pricier side. Expect to pay around $1,800 per month for a one-bedroom apartment, with larger units commanding even higher rates.

For those considering homeownership, it’s essential to factor in property taxes, which are among the highest in Illinois. The average effective property tax rate in Glen Ellyn is approximately 2.2%, meaning a $450,000 home could result in annual property taxes of nearly $10,000. While this may seem steep, many residents view it as a worthwhile investment in a community that offers excellent schools, well-maintained public spaces, and a strong sense of community.

Utilities and Household Expenses

Beyond housing, utilities and household expenses contribute to the cost of living in Glen Ellyn, IL. On average, residents can expect to pay around $150 to $200 per month for electricity, heating, cooling, water, and garbage services. This figure can fluctuate depending on the size of your home and the efficiency of your appliances, but it’s a reasonable estimate for most households.

In addition to utilities, internet and cable services typically cost between $60 and $150 per month, depending on the package and provider. While not exorbitant, these costs add up and should be considered when budgeting for life in Glen Ellyn.

Groceries and Dining Out

The cost of groceries in Glen Ellyn, IL, is relatively in line with the national average. A typical monthly grocery bill for a family of four can range from $800 to $1,200, depending on dietary preferences and shopping habits. Glen Ellyn is home to several grocery stores, including Jewel-Osco and Trader Joe’s, offering a range of products from budget-friendly to gourmet.

When it comes to dining out, Glen Ellyn offers a variety of options, from casual eateries to fine dining establishments. A meal at a mid-range restaurant typically costs around $15 to $30 per person, while a dinner for two at a nicer restaurant might run you $70 to $100. While not the cheapest option, dining in Glen Ellyn is seen as part of the experience, with many residents enjoying the village’s culinary scene as a regular part of life.

Transportation Costs

Glen Ellyn’s location, approximately 25 miles west of downtown Chicago, makes it a convenient place for commuters. However, transportation costs are another significant factor in the cost of living in Glen Ellyn, IL.

For those who drive, gas prices in the area tend to hover around the national average, though fluctuations are common. Additionally, residents must factor in the cost of vehicle maintenance, insurance, and potential tolls if commuting into Chicago. Parking can be another expense, particularly for those who use the Metra train service to commute into the city.

Speaking of the Metra, Glen Ellyn is well-served by the Union Pacific West Line, which offers regular service to downtown Chicago. A monthly pass costs around $150, making it a cost-effective option for daily commuters. However, it’s important to consider the time investment, as the commute to downtown Chicago can take anywhere from 45 minutes to over an hour, depending on the time of day.

Healthcare and Insurance

Healthcare is another essential component of the cost of living in Glen Ellyn, IL. The village is home to several healthcare providers, including AdventHealth GlenOaks and Northwestern Medicine, ensuring residents have access to high-quality medical care.

However, healthcare costs can vary significantly depending on your insurance coverage and medical needs. On average, a family of four can expect to pay around $1,500 to $2,000 per month for health insurance premiums, with out-of-pocket expenses adding to this figure. For those without employer-sponsored insurance, it’s crucial to shop around for a plan that fits your needs and budget.

Prescription costs, doctor visits, and potential medical emergencies are all factors that can impact your overall healthcare expenses. While Glen Ellyn offers excellent healthcare options, it’s essential to be prepared for the associated costs.

Education and Childcare

For families with children, education, and childcare are critical considerations when evaluating the cost of living in Glen Ellyn, IL. The village is known for its top-rated public schools, which are part of Glen Ellyn School District 41 and Community Consolidated School District 89. These schools consistently rank among the best in the state, making Glen Ellyn a popular choice for families.

However, with quality education comes a cost. While public schools are funded through property taxes (as mentioned earlier), some families may opt for private schooling, which can range from $10,000 to $30,000 per year, depending on the institution.

Childcare is another significant expense, with daycare costs in Glen Ellyn averaging around $1,200 to $1,800 per month for full-time care. For families with young children, these costs can quickly add up, making it essential to budget accordingly.

Entertainment and Leisure

Glen Ellyn offers a variety of entertainment and leisure options, contributing to the overall cost of living in the area. From boutique shopping to outdoor recreation at Lake Ellyn Park, there are plenty of ways to enjoy your free time in this charming village.

However, these activities often come with a price tag. A gym membership, for example, can cost anywhere from $30 to $100 per month, depending on the facility and services offered. Movie tickets, concerts, and other entertainment options are generally in line with what you would expect in a suburban area, but frequent outings can impact your budget.

Taxes and Fees

As mentioned earlier, property taxes are a significant factor in the cost of living in Glen Ellyn, IL. However, it’s also important to consider state and local taxes, which can affect your overall financial picture. Illinois has a flat income tax rate of 4.95%, which applies to all residents, regardless of income level.

Sales tax in Glen Ellyn is 8.25%, slightly higher than the national average. This tax applies to most goods and services, including groceries, clothing, and dining out. Additionally, residents should be aware of various fees, such as vehicle registration and licensing, which can add to the cost of living.

Is Glen Ellyn, IL Worth the Cost?

When considering the cost of living in Glen Ellyn, IL, it’s evident that this charming village comes at a premium. Housing prices, property taxes, and transportation expenses are all above the national average, but these costs are a reflection of the exceptional quality of life Glen Ellyn provides. The village’s excellent schools, close-knit community, and access to top-tier amenities make it an appealing place to call home, despite the higher expenses.

For those who prioritize a high standard of living and are ready to invest in a community that combines charm with convenience, Glen Ellyn is certainly worth the investment. However, it’s crucial to thoughtfully assess your budget and lifestyle to determine if moving to Glen Ellyn, IL aligns with your financial and personal goals.