According to the most recent data on the cost of living, Schaumburg has an overall cost of living index of 117 which is 1.2x higher than the national index of 100.
Compared to only 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 #4,630 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Schaumburg ranks as the #1,789 most expensive place in the Prairie State.
|Living Expense||Schaumburg||Illinois||National Average|
Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Schaumburg|
|Hoffman Estates, IL||50,464||118||1.0x|
|Buffalo Grove, IL||40,804||121||1.0x|
|Hanover Park, IL||37,811||107||0.9x|
|Park Ridge, IL||37,431||131||1.1x|
|Highland Park, IL||29,596||152||1.3x|