What is the cost of living in Hoffman Estates, IL?
According to the most recent data on the cost of living, Hoffman Estates has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Illinois, Hoffman Estates has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Hoffman Estates ranks as #272 most affordable out of the 336 places we measured in Illinois. By definition, that implies Hoffman Estates ranks as the #64 most expensive place in the Prairie State.
For more reading on life in Hoffman Estates, check out:
Hoffman Estates Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Hoffman Estates. Here is how it fares on each of the criteria:
The Services index in Hoffman Estates is 96.
The Groceries index in Hoffman Estates is 99.
The Health index in Hoffman Estates is 157.
The Housing index in Hoffman Estates is 99.
The Transportation index in Hoffman Estates is 98.
The Utilities index in Hoffman Estates is 101.
| Living Expense | Hoffman Estates | Illinois | National Average |
|---|---|---|---|
| Overall | 118 | 98 | 100 |
| Services | 96 | 99 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 157 | 96 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 101 | 101 | 100 |
Hoffman Estates Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Hoffman Estates Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hoffman Estates, IL Housing Cost Breakdown
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 2020-2024. The key points are:
The Median Home Value in Hoffman Estates is $394,617.
The Median Rent in Hoffman Estates is $1,734.
The Median Income in Hoffman Estates is $106,806.
The Home Value To Income in Hoffman Estates is 3.7x.
The Rent To Monthly Income in Hoffman Estates is 0.19x.
| Statistic | Hoffman Estates | Illinois | United States |
|---|---|---|---|
| Median Home Value | $394,617 | $285,735 | $332,700 |
| Median Rent | $1,734 | $1,274 | $1,413 |
| Median Income | $106,806 | $83,390 | $80,734 |
| Home Value To Income | 3.7x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.21x |
Hoffman Estates, IL Costs By Category
Detailed Hoffman Estates Services costs vs. Illinois
| Item | Hoffman Estates | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
Detailed Hoffman Estates Groceries costs vs. Illinois
| Item | Hoffman Estates | Illinois |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Hoffman Estates Health costs vs. Illinois
| Item | Hoffman Estates | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Hoffman Estates Transportation costs vs. Illinois
| Item | Hoffman Estates | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Hoffman Estates Utilities costs vs. Illinois
| Item | Hoffman Estates | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Hoffman Estates SnackAbility
Cost Of Living In Cities Around Hoffman Estates
The cost of living varies in the cities and towns around Hoffman Estates. Here's a quick look at the cost of living in the most populous nearby places:
Schaumburg, IL has a cost of living index of 115, 1.0x Hoffman Estates.
Palatine, IL has a cost of living index of 113, 1.0x Hoffman Estates.
Glenview, IL has a cost of living index of 146, 1.2x Hoffman Estates.
| City | Population | Cost Of Living | Vs. Hoffman Estates |
|---|---|---|---|
| Schaumburg, IL | 76,868 | 115 | 1.0x |
| Palatine, IL | 66,293 | 113 | 1.0x |
| Glenview, IL | 47,752 | 146 | 1.2x |
| Elmhurst, IL | 45,671 | 134 | 1.1x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Streamwood, IL | 39,001 | 111 | 0.9x |
| Park Ridge, IL | 38,667 | 135 | 1.1x |
| Hanover Park, IL | 36,732 | 109 | 0.9x |
| Northbrook, IL | 34,585 | 151 | 1.3x |
| Highland Park, IL | 30,398 | 144 | 1.2x |
