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McHenry, IL vs Schaumburg, IL

102
McHenry
Illinois
VS
-11.8%
115
Schaumburg
Illinois

McHenry is moderately more affordable than Schaumburg, with a 11.8% lower cost of living index. McHenry scores 102 compared to 115 for Schaumburg, where the US average is 100. This difference means residents of Schaumburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in McHenry is $1,508/month compared to $1,774/month in Schaumburg — a 15% difference. Home values follow the same pattern: McHenry is more affordable at $244,900 median vs $312,200.

Median household income in McHenry is $86,865 compared to $94,690 in Schaumburg (-8.3%). The higher salaries in Schaumburg partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of McHenry spend roughly 20.8% of their income on rent, less than the 22.5% in Schaumburg.

Climate-wise, Schaumburg is notably warmer with an average of 51.3°F compared to 48.3°F in McHenry. Schaumburg receives more rainfall at 37.9" per year compared to 35.3" in McHenry.

Income & Cost

Cost of Living Index
McHenry
102
12% cheaper
Schaumburg
115
Median Household Income
McHenry
$86,865
Schaumburg
$94,690
8% higher

Housing

Median Rent
McHenry
$1,508
15% cheaper
Schaumburg
$1,774
Median Home Value
McHenry
$244,900
22% cheaper
Schaumburg
$312,200
Population
McHenry
27,774
Schaumburg
76,780

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
McHenry 48.3°F
Schaumburg 51.3°F
Summer High
McHenry 81°F
Schaumburg 85°F
Winter Low
McHenry 16°F
Schaumburg 19°F
Rainfall
McHenry 35.3"
Schaumburg 37.9"
Rainy Days
McHenry 129d
Schaumburg 126d