Cost of Living: O'Fallon, 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 O'Fallon, IL versus $4,227/mo in Elgin, IL. In the model, rent is about 19.11% of gross in O'Fallon, IL versus 18.36% in Elgin, IL, so Elgin, IL tends to feel more affordable for rent.

Take-home in O'Fallon, IL
$4,227/mo
Income level: below
Take-home in Elgin, IL
$4,227/mo
Income level: below
Rent share (1BR) in O'Fallon, IL
19.11%
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 O'Fallon, IL and Elgin, IL.

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: O'Fallon, IL

Cost of Living Index

O'Fallon, 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

O'Fallon, IL: $1,247/mo (midpoint of 1BR/2BR) · Elgin, IL: $1,197/mo

Median rent in O'Fallon, IL is $50/mo higher than in Elgin, IL.

Median Home Price

O'Fallon, IL: $274,100 · Elgin, IL: $252,400

Median home price in O'Fallon, IL is $21,700 higher than in Elgin, IL.

Median Household Income

O'Fallon, IL: $102,793 · Elgin, IL: $88,316

O'Fallon, IL has a higher median household income than Elgin, IL by $14,477.

O'Fallon, IL overview · Elgin, IL overview · Popular comparisons