Burr Ridge, IL vs Elk Grove Village, IL

The cost of living difference between Burr Ridge, IL and Elk Grove Village, IL is dramatic. Elk Grove Village is 65.6% cheaper than Burr Ridge, a gap that translates to thousands of dollars per year in household expenses. Burr Ridge has a cost index of 184 while Elk Grove Village sits at 111, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Burr Ridge is $3,000/month compared to $1,574/month in Elk Grove Village — a 91% difference. Home values follow the same pattern: Elk Grove Village is more affordable at $334,400 median vs $694,800.

Median household income in Burr Ridge is $154,508 compared to $95,216 in Elk Grove Village (+62.3%). The higher salaries in Burr Ridge partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Burr Ridge spend roughly 23.3% of their income on rent, more than the 19.8% in Elk Grove Village.