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Elgin offers residents an affordable living option within the state of Illinois with median home prices coming in just over $200K and rents usually ranging from $850 - 1,000 per month depending on desired amenities.
Apr 24, 2024 · Compare the Cost of Living in Elgin, Illinois against another US Cities and States. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities.
Elgin, Illinois gets a BestPlaces Cost of Living index of 95.4, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 4.6 percent lower than the U.S. average and 1.8 percent lower than the average for Illinois.
Mar 1, 2024 · The average cost of living in Elgin is $2184, which is in the top 14% of the most expensive cities in the world, ranked 1327th out of 9294 in our global list, 1183rd out of 2202 in the United States, and 70th out of 122 in Illinois.
Prices in Elgin, Illinois. This city had 3 different contributors in the past 12 months. Some data are estimated due to a low number of contributors. If you are living here, please update our data. Last update: May 2024.
The national average cost to buy a house is $281,900, while the average cost of purchasing a home in Elgin is $247,178. Elgin offers a lower value of living compared to similarly sized metro areas. Housing Costs 2024
Elgin, Illinois’s cost of living is 4% lower than the national average. Compare cost of living in Elgin with factors like salaries, housing expenses, groceries, utilities and more.
