Glenview, IL

Very High · 163

Illinois · Population 47,682 · Updated March 2026

$2,027
Median Rent / Month
$138,758
Median Income
$598,800
Median Home Value
$2,249
Owner Costs / Month

Affordability

How far your income goes in Glenview

17.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Illinois

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
6.25%
Sales Tax
2.07%
Property Tax Rate

Estimated Annual Costs

$24,324
Annual Rent
$6,869
State Income Tax
$12,395
Property Tax (est.)

Cost of Living Overview

Glenview has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 163 (where 100 equals the national median), Glenview residents can expect to pay median rent of $2,027/month while earning a median household income of $138,758/year.

The median home value in Glenview, IL is $598,800, with typical monthly owner costs around $2,249 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Illinois has a moderate income tax rate of 4.95%. Combined with a 6.25% sales tax rate and 2.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Glenview.

Frequently Asked Questions

Common questions about living costs in Glenview

What is the cost of living in Glenview, IL?
The cost of living index in Glenview, IL is 163 (US average = 100). Median monthly rent is $2,027, median household income is $138,758/year, and the median home value is $598,800.
Is Glenview, IL affordable?
No, Glenview is more expensive than the national average with a cost index of 163. The rent-to-income ratio is 17.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Glenview, IL?
The median gross rent in Glenview, IL is $2,027 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,324.
What is the median household income in Glenview?
The median household income in Glenview, IL is $138,758 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Illinois?
Illinois has a top income tax rate of 4.95%, a sales tax of 6.25%, and an effective property tax rate of 2.07%.