Cost of living in Elburn research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Elburn is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Elburn is 112, with 100 being the average.
The cost of living index in Elburn is 1.1x higher than the national average.
Elburn ranks as the #255 cheapest in Illinois out of 338.
Elburn ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Elburn is $273,400.
The median income in Elburn is $99,877.
According to the most recent data on the cost of living, Elburn has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Illinois, Elburn has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Elburn ranks as #255 most affordable out of the 338 places we measured in Illinois. By definition, that implies Elburn ranks as the #83 most expensive place in the Prairie State.
For more reading on life in Elburn, check out:
Six factors go into calculating the cost of living index in Elburn. Here is how it fairs on each of the criteria:
The Services index in Elburn is 96.
The Groceries index in Elburn is 97.
The Health index in Elburn is 111.
The Housing index in Elburn is 141.
The Transportation index in Elburn is 108.
The Utilities index in Elburn is 89.
Living Expense | Elburn | Illinois | National Average | |
---|---|---|---|---|
Overall | 112 | 92 | 100 | |
Services | 96 | 95 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 111 | 96 | 100 | |
Housing | 141 | 81 | 100 | |
Transportation | 108 | 105 | 100 | |
Utilities | 89 | 90 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Elburn is $273,400.
The Median Rent in Elburn is $1,621.
The Median Income in Elburn is $99,877.
The Home Value To Income in Elburn is 2.7x.
The Rent To Monthly Income in Elburn is 0.19x.
Statistic | Elburn | Illinois | United States |
---|---|---|---|
Median Home Value | $273,400 | $212,600 | $244,900 |
Median Rent | $1,621 | $1,097 | $1,163 |
Median Income | $99,877 | $72,563 | $69,021 |
Home Value To Income | 2.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Elburn. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 125, 1.1x Elburn.
Wheaton, IL has a cost of living index of 118, 1.1x Elburn.
Bartlett, IL has a cost of living index of 117, 1.0x Elburn.
City | Population | Cost Of Living | Vs. Elburn |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 1.1x |
Wheaton, IL | 53,762 | 118 | 1.1x |
Bartlett, IL | 41,126 | 117 | 1.0x |
Carol Stream, IL | 39,895 | 112 | 1.0x |
St. Charles, IL | 32,908 | 110 | 1.0x |
Batavia, IL | 26,261 | 112 | 1.0x |
Lisle, IL | 23,982 | 117 | 1.0x |
Bloomingdale, IL | 22,436 | 119 | 1.1x |
Geneva, IL | 21,472 | 115 | 1.0x |
North Aurora, IL | 17,892 | 105 | 0.9x |