Elk Grove Village, IL vs Troy, IL

The cost of living difference between Elk Grove Village, IL and Troy, IL is dramatic. Troy is 30.4% cheaper than Elk Grove Village, a gap that translates to thousands of dollars per year in household expenses. Elk Grove Village has a cost index of 111 while Troy sits at 85, 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 Elk Grove Village is $1,574/month compared to $1,060/month in Troy — a 49% difference. Home values follow the same pattern: Troy is more affordable at $240,800 median vs $334,400.

Median household income in Elk Grove Village is $95,216 compared to $97,825 in Troy (-2.7%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elk Grove Village spend roughly 19.8% of their income on rent, more than the 13% in Troy.

Climate-wise, Troy is notably warmer with an average of 57.7°F compared to 51.3°F in Elk Grove Village. Troy receives more rainfall at 43.4" per year compared to 37.9" in Elk Grove Village.