Arlington Heights, IL vs Elk Grove Village, IL

Elk Grove Village is moderately more affordable than Arlington Heights, with a 9.3% lower cost of living index. Arlington Heights scores 121 compared to 111 for Elk Grove Village, where the US average is 100. This difference means residents of Arlington Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Arlington Heights is $1,727/month compared to $1,574/month in Elk Grove Village — a 10% difference. Home values follow the same pattern: Elk Grove Village is more affordable at $334,400 median vs $403,200.

Median household income in Arlington Heights is $118,532 compared to $95,216 in Elk Grove Village (+24.5%). While Arlington Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arlington Heights spend roughly 17.5% of their income on rent, less than the 19.8% in Elk Grove Village.