Cost of Living: Hoffman Estates, 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 Hoffman Estates, IL versus $4,227/mo in Joliet, IL. In the model, rent is about 25.7% of gross in Hoffman Estates, IL versus 18.02% in Joliet, IL, so Joliet, IL tends to feel more affordable for rent.

Take-home in Hoffman Estates, IL
$4,227/mo
Income level: below
Take-home in Joliet, IL
$4,227/mo
Income level: below
Rent share (1BR) in Hoffman Estates, IL
25.7%
COLI tier: mid-range
Rent share (1BR) in Joliet, IL
18.02%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hoffman Estates, 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: Hoffman Estates, IL

Cost of Living Index

Hoffman Estates, 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

Hoffman Estates, IL: $1,676/mo (midpoint of 1BR/2BR) · Joliet, IL: $1,175/mo

Median rent in Hoffman Estates, IL is $501/mo higher than in Joliet, IL.

Median Home Price

Hoffman Estates, IL: $340,400 · Joliet, IL: $248,600

Median home price in Hoffman Estates, IL is $91,800 higher than in Joliet, IL.

Median Household Income

Hoffman Estates, IL: $109,683 · Joliet, IL: $88,026

Hoffman Estates, IL has a higher median household income than Joliet, IL by $21,657.

Hoffman Estates, IL overview · Joliet, IL overview · Popular comparisons