Cost of Living: Hoffman Estates, IL vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Hoffman Estates, IL versus $4,227/mo in Chicago, IL. In the model, rent is about 25.7% of gross in Hoffman Estates, IL versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hoffman Estates, IL and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Hoffman Estates, IL
Cost of Living Index
Hoffman Estates, IL: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Hoffman Estates, IL, so a given salary generally stretches further there.
Median Rent
Hoffman Estates, IL: $1,676/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Hoffman Estates, IL is $353/mo higher than in Chicago, IL.
Median Home Price
Hoffman Estates, IL: $340,400 · Chicago, IL: $147,800
Median home price in Hoffman Estates, IL is $192,600 higher than in Chicago, IL.
Median Household Income
Hoffman Estates, IL: $109,683 · Chicago, IL: $56,815
Hoffman Estates, IL has a higher median household income than Chicago, IL by $52,868.
Hoffman Estates, IL overview · Chicago, IL overview · Popular comparisons