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Hoffman Estates, IL vs Palos Hills, IL

117
Hoffman Estates
Illinois
VS
+22.7%
96
Palos Hills
Illinois

There is a significant gap in the cost of living between these two cities. Palos Hills is 22.7% cheaper than Hoffman Estates. With a cost index of 96 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palos Hills to Hoffman Estates should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hoffman Estates is $1,764/month compared to $1,267/month in Palos Hills — a 39% difference. Home values follow the same pattern: Palos Hills is more affordable at $259,200 median vs $340,400.

Median household income in Hoffman Estates is $109,683 compared to $83,969 in Palos Hills (+30.6%). While Hoffman Estates is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hoffman Estates spend roughly 19.3% of their income on rent, more than the 18.1% in Palos Hills.

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

Income & Cost

Cost of Living Index
Hoffman Estates
117
Palos Hills
96
19% cheaper
Median Household Income
Hoffman Estates
$109,683
23% higher
Palos Hills
$83,969

Housing

Median Rent
Hoffman Estates
$1,764
Palos Hills
$1,267
28% cheaper
Median Home Value
Hoffman Estates
$340,400
Palos Hills
$259,200
24% cheaper
Population
Hoffman Estates
51,186
Palos Hills
18,139

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

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