Cicero, IL vs Elk Grove Village, IL

There is a significant gap in the cost of living between these two cities. Cicero is 19.6% cheaper than Elk Grove Village. With a cost index of 89 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cicero to Elk Grove Village should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cicero is $1,121/month compared to $1,574/month in Elk Grove Village — a 29% difference. Home values follow the same pattern: Cicero is more affordable at $236,000 median vs $334,400.

Median household income in Cicero is $68,548 compared to $95,216 in Elk Grove Village (-28%). While Elk Grove Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cicero spend roughly 19.6% of their income on rent, less than the 19.8% in Elk Grove Village.