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Schaumburg, IL vs Wheeling, IL

115
Schaumburg
Illinois
VS
+11.1%
104
Wheeling
Illinois

Wheeling is moderately more affordable than Schaumburg, with a 11.1% lower cost of living index. Schaumburg scores 115 compared to 104 for Wheeling, 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 Schaumburg is $1,774/month compared to $1,578/month in Wheeling — a 12% difference. Home values follow the same pattern: Wheeling is more affordable at $244,600 median vs $312,200.

Median household income in Schaumburg is $94,690 compared to $83,251 in Wheeling (+13.7%). While Schaumburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Schaumburg spend roughly 22.5% of their income on rent, less than the 22.7% in Wheeling.

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

Income & Cost

Cost of Living Index
Schaumburg
115
Wheeling
104
10% cheaper
Median Household Income
Schaumburg
$94,690
12% higher
Wheeling
$83,251

Housing

Median Rent
Schaumburg
$1,774
Wheeling
$1,578
11% cheaper
Median Home Value
Schaumburg
$312,200
Wheeling
$244,600
22% cheaper
Population
Schaumburg
76,780
Wheeling
38,495

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Schaumburg 51.3°F
Wheeling 50.8°F
Summer High
Schaumburg 85°F
Wheeling 84°F
Winter Low
Schaumburg 19°F
Wheeling 18°F
Rainfall
Schaumburg 37.9"
Wheeling 32.3"
Rainy Days
Schaumburg 126d
Wheeling 112d