Residential comparison · 13 facts
Elk Grove Village, IL vs Schaumburg, 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 Elk Grove Village needs about $89,000 in Schaumburg to keep the same lifestyle.
Coming from Schaumburg, $85,000 of lifestyle costs about $81,000 in Elk Grove Village.
A few differences
- Schaumburg is higher on median household income ($97,514 vs $94,175).
- Elk Grove Village is lower on cost of living index (103 vs 105).
- Elk Grove Village is lower on 2-bedroom rent ($1,734/mo vs $1,920/mo).
Elk Grove Village vs Schaumburg · facet by facet
| Facet | Elk Grove Village, IL | Schaumburg, IL |
|---|---|---|
| Median home price | $347,100 | $330,400 |
| 2-bedroom rent | $1,734/mo | $1,920/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 | 103 | 105 |
| Groceries index | 98 | 98 |
| Utilities | $165/mo | $165/mo |
| Median household income | $94,175 | $97,514 |
| 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: Elk Grove Village, IL · Schaumburg, IL
Questions & answers
- Is Elk Grove Village cheaper than Schaumburg?
- Elk Grove Village has the lower day-to-day cost index (103 vs 105 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Schaumburg equals $85,000 in Elk Grove Village?
- A household earning $85,000 in Elk Grove Village needs about $89,000 in Schaumburg to keep the same lifestyle; coming the other way, $85,000 of Schaumburg lifestyle costs about $81,000 in Elk Grove Village.