Cost of Living: Alton, IL vs Elgin, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Alton, IL versus $4,227/mo in Elgin, IL. In the model, rent is about 13.82% of gross in Alton, IL versus 18.36% in Elgin, IL, so Alton, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Alton, IL and Elgin, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Elgin, IL
- Lower rent (median 1BR/2BR): Alton, IL
- Lower home prices: Alton, IL
- Higher median household income: Elgin, IL
Cost of Living Index
Alton, IL: 100 (U.S. = 100) · Elgin, IL: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Alton, IL: $901/mo (midpoint of 1BR/2BR) · Elgin, IL: $1,197/mo
Median rent in Elgin, IL is $296/mo higher than in Alton, IL.
Median Home Price
Alton, IL: $99,500 · Elgin, IL: $252,400
Median home price in Elgin, IL is $152,900 higher than in Alton, IL.
Median Household Income
Alton, IL: $53,005 · Elgin, IL: $88,316
Elgin, IL has a higher median household income than Alton, IL by $35,311.
Alton, IL overview · Elgin, IL overview · Popular comparisons