Cost of Living: Elgin, IL vs Joliet, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Elgin, IL versus $4,227/mo in Joliet, IL. In the model, rent is about 18.36% of gross in Elgin, IL versus 18.02% in Joliet, IL, so Joliet, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Elgin, IL and Joliet, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Joliet, IL
- Lower rent (median 1BR/2BR): Joliet, IL
- Lower home prices: Joliet, IL
- Higher median household income: Elgin, IL
Cost of Living Index
Elgin, IL: 100 (U.S. = 100) · Joliet, IL: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Elgin, IL: $1,197/mo (midpoint of 1BR/2BR) · Joliet, IL: $1,175/mo
Median rent in Elgin, IL is $22/mo higher than in Joliet, IL.
Median Home Price
Elgin, IL: $252,400 · Joliet, IL: $248,600
Median home price in Elgin, IL is $3,800 higher than in Joliet, IL.
Median Household Income
Elgin, IL: $88,316 · Joliet, IL: $88,026
Elgin, IL has a higher median household income than Joliet, IL by $290.
Elgin, IL overview · Joliet, IL overview · Popular comparisons