Schaumburg, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
117
Schaumburg's Overall Cost Of Living
1.2x
Higher Than The National Average
281 out of 338
In Illinois
4,628 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Schaumburg is expensive, while a number below 100 means it's a relatively cheap place to live.

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 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.

For more reading on life in Schaumburg, check out:

Schaumburg Cost Of Living Vs. Illinois

Living Expense Schaumburg Illinois National Average
Overall 117 98 100
Services 113 95 100
Groceries 109 97 100
Health 101 99 100
Housing 129 96 100
Transportation 115 105 100
Utilities 91 94 100
For more reading on cost of living around Illinois, check out:
Schaumburg Cost of Living Vs. IL

Schaumburg, IL Housing Cost Breakdown

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.

$261,900
Median Home Value
$1,458
Median Rent
$82,387
Median Income
Statistic Schaumburg Illinois United States
Median Home Value $261,900 $202,100 $229,800
Median Rent $1,458 $1,038 $1,096
Median Income $82,387 $68,428 $64,994
Home Value To Income 3.2x 3.0x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x

Detailed Schaumburg Services Costs Vs. Illinois

Item Schaumburg Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67

Detailed Schaumburg Groceries Costs Vs. Illinois

Item Schaumburg Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05

Detailed Schaumburg Health Costs Vs. Illinois

Item Schaumburg Illinois
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05
Toothpaste $2.46 $2.34

Detailed Schaumburg Transportation Costs Vs. Illinois

Item Schaumburg Illinois
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Schaumburg Utilities Costs Vs. Illinois

Item Schaumburg Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Schaumburg SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
6
Diversity
9.5
Safety
9
Amenities
9.5
Education
9
Commute
5

Cost Of Living In Cities Around Schaumburg

City Population Cost Of Living Vs. Schaumburg
Hoffman Estates, IL 50,464 118 1.0x
Glenview, IL 47,218 147 1.3x
Elmhurst, IL 46,571 131 1.1x
Buffalo Grove, IL 40,804 121 1.0x
Streamwood, IL 39,917 112 1.0x
Hanover Park, IL 37,811 107 0.9x
Park Ridge, IL 37,431 131 1.1x
Northbrook, IL 33,216 156 1.3x
Highland Park, IL 29,596 152 1.3x
Wilmette, IL 27,114 166 1.4x

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