City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Elgin | New York | Difference |
|---|---|---|---|
| Median rent | $1,190/mo | $1,714/mo | 30.6% lower in A |
| Median home value | $242,500 | $732,100 | 66.9% lower in A |
| Median household income | $85,998 | $76,607 | 12.3% higher in A |
| Groceries index | 96.3 | 103.2 | 6.6% lower in A |
| Utilities index | 91.7 | 147.4 | 37.8% lower in A |
| Transportation index | 96.9 | 100.7 | 3.8% lower in A |
| Healthcare index | 99.1 | 99.9 | 0.9% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Elgin, you'd need $144,028 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
Elgin, IL is about 30.6% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 31% lower in Elgin than in New York. If you earn $80,000 in Elgin, you'd need about $115,222 in New York to keep the same standard of living.