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Frankfort, IL vs Hoffman Estates, IL

140
Frankfort
Illinois
VS
+19.1%
117
Hoffman Estates
Illinois

There is a significant gap in the cost of living between these two cities. Hoffman Estates is 19.1% cheaper than Frankfort. With a cost index of 117 vs 140, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hoffman Estates to Frankfort should plan for substantially higher expenses across most categories.

On the housing front, median rent in Frankfort is $2,175/month compared to $1,764/month in Hoffman Estates — a 23% difference. Home values follow the same pattern: Hoffman Estates is more affordable at $340,400 median vs $461,600.

Median household income in Frankfort is $153,714 compared to $109,683 in Hoffman Estates (+40.1%). While Frankfort is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frankfort spend roughly 17% of their income on rent, less than the 19.3% in Hoffman Estates.

Climate-wise, both cities share similar average temperatures (52.1°F vs 49.7°F). Frankfort receives more rainfall at 34.4" per year compared to 33.2" in Hoffman Estates.

Income & Cost

Cost of Living Index
Frankfort
140
Hoffman Estates
117
16% cheaper
Median Household Income
Frankfort
$153,714
29% higher
Hoffman Estates
$109,683

Housing

Median Rent
Frankfort
$2,175
Hoffman Estates
$1,764
19% cheaper
Median Home Value
Frankfort
$461,600
Hoffman Estates
$340,400
26% cheaper
Population
Frankfort
20,417
Hoffman Estates
51,186

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Frankfort $3.20
Hoffman Estates $3.20
US $3.07
🥚
Eggs (grade A, large)
Frankfort $2.61
Hoffman Estates $2.61
US $2.50
🥛
Milk (whole)
Frankfort $4.20
Hoffman Estates $4.20
US $4.03
🍞
Bread (white)
Frankfort $1.93
Hoffman Estates $1.93
US $1.85
🍗
Chicken breast
Frankfort $4.32
Hoffman Estates $4.32
US $4.14
Electricity
Frankfort $0.15
Hoffman Estates $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Frankfort 52.1°F
Hoffman Estates 49.7°F
Summer High
Frankfort 85°F
Hoffman Estates 84°F
Winter Low
Frankfort 19°F
Hoffman Estates 16°F
Rainfall
Frankfort 34.4"
Hoffman Estates 33.2"
Rainy Days
Frankfort 121d
Hoffman Estates 121d