Cost of Living in Elgin, IL
Overall index: 90 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 72 | -28% | $882 |
| Transportation | 105 | +5% | $3.50 |
| Food | 118 | +18% | $484 |
| Utilities | 86 | -14% | $130 |
| Healthcare | 86 | -14% | $94 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Elgin?
A single adult living comfortably in Elgin, IL needs approximately $31,500 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Elgin, IL?
The overall cost of living in Elgin, IL is 10% lower than the US national average (index: 90 where 100 = national average).
How much is rent in Elgin, IL?
Average rent for a 1-bedroom apartment in Elgin, IL is about $882/month.
Is Elgin, IL expensive to live in?
Costs in Elgin, IL are roughly in line with the national average.
What salary do I need to live in Elgin, IL?
A single adult needs roughly $31,500/year to cover basic living costs in Elgin, IL.