Cost of Living: Champaign, 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 Champaign, IL versus $4,227/mo in Elgin, IL. In the model, rent is about 16.08% of gross in Champaign, IL versus 18.36% in Elgin, IL, so Champaign, IL tends to feel more affordable for rent.

Take-home in Champaign, IL
$4,227/mo
Income level: above
Take-home in Elgin, IL
$4,227/mo
Income level: below
Rent share (1BR) in Champaign, IL
16.08%
COLI tier: mid-range
Rent share (1BR) in Elgin, IL
18.36%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Champaign, IL and Elgin, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Elgin, IL
  • Lower rent (median 1BR/2BR): Champaign, IL
  • Lower home prices: Champaign, IL
  • Higher median household income: Elgin, IL

Cost of Living Index

Champaign, 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

Champaign, IL: $1,048/mo (midpoint of 1BR/2BR) · Elgin, IL: $1,197/mo

Median rent in Elgin, IL is $149/mo higher than in Champaign, IL.

Median Home Price

Champaign, IL: $199,700 · Elgin, IL: $252,400

Median home price in Elgin, IL is $52,700 higher than in Champaign, IL.

Median Household Income

Champaign, IL: $57,544 · Elgin, IL: $88,316

Elgin, IL has a higher median household income than Champaign, IL by $30,772.

Champaign, IL overview · Elgin, IL overview · Popular comparisons