Elk Grove Village, IL vs Evanston, IL

Elk Grove Village is moderately more affordable than Evanston, with a 12% lower cost of living index. Elk Grove Village scores 111 compared to 126 for Evanston, where the US average is 100. This difference means residents of Evanston can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elk Grove Village is $1,574/month compared to $1,698/month in Evanston — a 7% difference. Home values follow the same pattern: Elk Grove Village is more affordable at $334,400 median vs $472,300.

Median household income in Elk Grove Village is $95,216 compared to $95,766 in Evanston (-0.6%). Evanston does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elk Grove Village spend roughly 19.8% of their income on rent, less than the 21.3% in Evanston.

Climate-wise, both cities share similar average temperatures (51.3°F vs 50.8°F). Elk Grove Village receives more rainfall at 37.9" per year compared to 32.3" in Evanston.