Residential comparison · 13 facts
Elgin, IL vs Hoffman Estates, IL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Elgin needs about $86,500 in Hoffman Estates to keep the same lifestyle.
Coming from Hoffman Estates, $85,000 of lifestyle costs about $83,500 in Elgin.
A few differences
- Hoffman Estates is higher on median household income ($106,806 vs $90,282).
- Elgin is lower on cost of living index (94 vs 102).
- Elgin is lower on 2-bedroom rent ($1,375/mo vs $1,682/mo).
Elgin vs Hoffman Estates · facet by facet
| Facet | Elgin, IL | Hoffman Estates, IL |
|---|---|---|
| Median home price | $273,000 | $351,900 |
| 2-bedroom rent | $1,375/mo | $1,682/mo |
| Property tax rate | 2.1% | 2.1% |
| State & local income tax | 4.95% | 4.95% |
| Sales tax | 8.85% | 8.85% |
| Cost of living index | 94 | 102 |
| Groceries index | 98 | 98 |
| Utilities | $165/mo | $165/mo |
| Median household income | $90,282 | $106,806 |
| Unemployment rate | 4.7% | 4.7% |
| Crime index | 50/100 | 50/100 |
| School rating | 6.3/10 | 6.3/10 |
| Sunny days / year | 190 days | 190 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Elgin, IL · Hoffman Estates, IL
Questions & answers
- Is Elgin cheaper than Hoffman Estates?
- Elgin has the lower day-to-day cost index (94 vs 102 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Hoffman Estates equals $85,000 in Elgin?
- A household earning $85,000 in Elgin needs about $86,500 in Hoffman Estates to keep the same lifestyle; coming the other way, $85,000 of Hoffman Estates lifestyle costs about $83,500 in Elgin.