What is the cost of living in Schaumburg, IL?
According to the most recent data on the cost of living, Schaumburg has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Illinois, Schaumburg has a cost of living index that's 1.2x higher than Illinois's index of 98.
The standard of living in Schaumburg ranks as #258 most affordable out of the 336 places we measured in Illinois. By definition, that implies Schaumburg ranks as the #78 most expensive place in the Prairie State.
For more reading on life in Schaumburg, check out:
Schaumburg Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Schaumburg. Here is how it fares on each of the criteria:
The Services index in Schaumburg is 99.
The Groceries index in Schaumburg is 103.
The Health index in Schaumburg is 146.
The Housing index in Schaumburg is 106.
The Transportation index in Schaumburg is 102.
The Utilities index in Schaumburg is 102.
| Living Expense | Schaumburg | Illinois | National Average |
|---|---|---|---|
| Overall | 115 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 146 | 96 | 100 |
| Housing | 106 | 101 | 100 |
| Transportation | 102 | 99 | 100 |
| Utilities | 102 | 101 | 100 |
Schaumburg 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 Schaumburg Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Schaumburg, 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 Schaumburg is $349,953.
The Median Rent in Schaumburg is $1,812.
The Median Income in Schaumburg is $97,514.
The Home Value To Income in Schaumburg is 3.6x.
The Rent To Monthly Income in Schaumburg is 0.22x.
| Statistic | Schaumburg | Illinois | United States |
|---|---|---|---|
| Median Home Value | $349,953 | $285,735 | $332,700 |
| Median Rent | $1,812 | $1,274 | $1,413 |
| Median Income | $97,514 | $83,390 | $80,734 |
| Home Value To Income | 3.6x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.21x |
Schaumburg, IL Costs By Category
Detailed Schaumburg Services costs vs. Illinois
| Item | Schaumburg | 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 Schaumburg Groceries costs vs. Illinois
| Item | Schaumburg | 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 Schaumburg Health costs vs. Illinois
| Item | Schaumburg | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Schaumburg Transportation costs vs. Illinois
| Item | Schaumburg | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Schaumburg Utilities costs vs. Illinois
| Item | Schaumburg | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Schaumburg SnackAbility
Cost Of Living In Cities Around Schaumburg
The cost of living varies in the cities and towns around Schaumburg. Here's a quick look at the cost of living in the most populous nearby places:
Hoffman Estates, IL has a cost of living index of 118, 1.0x Schaumburg.
Glenview, IL has a cost of living index of 146, 1.3x Schaumburg.
Elmhurst, IL has a cost of living index of 134, 1.2x Schaumburg.
| City | Population | Cost Of Living | Vs. Schaumburg |
|---|---|---|---|
| Hoffman Estates, IL | 51,175 | 118 | 1.0x |
| Glenview, IL | 47,752 | 146 | 1.3x |
| Elmhurst, IL | 45,671 | 134 | 1.2x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Streamwood, IL | 39,001 | 111 | 1.0x |
| Park Ridge, IL | 38,667 | 135 | 1.2x |
| Hanover Park, IL | 36,732 | 109 | 0.9x |
| Northbrook, IL | 34,585 | 151 | 1.3x |
| Highland Park, IL | 30,398 | 144 | 1.3x |
| Wilmette, IL | 27,503 | 161 | 1.4x |
