Bolingbrook, IL vs Elk Grove Village, IL

Bolingbrook, IL and Elk Grove Village, IL have a very similar cost of living, with only a 1.1% difference in their overall index. Bolingbrook scores 112 while Elk Grove Village scores 111 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bolingbrook is $1,718/month compared to $1,574/month in Elk Grove Village — a 9% difference. Interestingly, home values tell a different story: while Elk Grove Village has cheaper rent, Bolingbrook actually has lower median home values ($295,500 vs $334,400).

Median household income in Bolingbrook is $107,552 compared to $95,216 in Elk Grove Village (+13%). While Bolingbrook is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bolingbrook spend roughly 19.2% of their income on rent, less than the 19.8% in Elk Grove Village.