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 | Springfield | Difference |
|---|---|---|---|
| Median rent | $1,190/mo | $913/mo | 30.3% higher in A |
| Median home value | $242,500 | $147,700 | 64.2% higher in A |
| Median household income | $85,998 | $62,419 | 37.8% higher in A |
| Groceries index | 96.3 | 96.3 | ≈ equal |
| Utilities index | 91.7 | 91.7 | ≈ equal |
| Transportation index | 96.9 | 96.9 | ≈ equal |
| Healthcare index | 99.1 | 99.1 | ≈ equal |
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 $76,718 in Springfield to maintain your standard of living.
Climate, safety, and demographics side by side.
Springfield, IL is about 23.3% cheaper overall than Elgin, IL, based on our cost-of-living index. Housing costs are roughly 23% lower in Springfield than in Elgin. If you earn $80,000 in Elgin, you'd need about $61,375 in Springfield to keep the same standard of living.