Cost of Living: Elgin, IL vs Phoenix, AZ
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 $4,370/mo in Phoenix, AZ. In the model, rent is about 18.36% of gross in Elgin, IL versus 21.24% in Phoenix, AZ, so Elgin, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Elgin, IL and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Elgin, IL
- Lower rent (median 1BR/2BR): Elgin, IL
- Lower home prices: Elgin, IL
- Higher median household income: Elgin, IL
Cost of Living Index
Elgin, IL: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Elgin, IL has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Elgin, IL: $1,197/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $188/mo higher than in Elgin, IL.
Median Home Price
Elgin, IL: $252,400 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $129,500 higher than in Elgin, IL.
Median Household Income
Elgin, IL: $88,316 · Phoenix, AZ: $77,041
Elgin, IL has a higher median household income than Phoenix, AZ by $11,275.
Elgin, IL overview · Phoenix, AZ overview · Popular comparisons