Decatur, IL vs Elk Grove Village, IL

The cost of living difference between Decatur, IL and Elk Grove Village, IL is dramatic. Decatur is 43.7% cheaper than Elk Grove Village, a gap that translates to thousands of dollars per year in household expenses. Decatur has a cost index of 62 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 Decatur is $796/month compared to $1,574/month in Elk Grove Village — a 49% difference. Home values follow the same pattern: Decatur is more affordable at $97,300 median vs $334,400.

Median household income in Decatur is $50,809 compared to $95,216 in Elk Grove Village (-46.6%). 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 Decatur spend roughly 18.8% of their income on rent, less than the 19.8% in Elk Grove Village.