City Comparison

Elgin vs Greeley

Cost of Living Comparison · 2026

Elgin

Illinois
95
Below Average
$279,000
Median Home
$1,375/mo
Median Rent
$90,300
Median Income

Greeley

Colorado
113
Above Average
$420,000
Median Home
$1,275/mo
Median Rent
$72,500
Median Income

The Verdict

15.9%

Elgin is 15.9% less expensive than Greeley overall. A household earning $75,000 in Elgin would need approximately $89,211 in Greeley to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
89
Elgin
136
Greeley
Groceries
104
Elgin
95
Greeley
Utilities
89
Elgin
89
Greeley
Transportation
107
Elgin
110
Greeley
Healthcare
105
Elgin
97
Greeley

Salary Equivalence

A $75,000 salary in Elgin has the same purchasing power as $89,211 in Greeley.

Conversely, $75,000 in Greeley equals $63,053 in Elgin.

Living in Elgin vs Greeley

Housing Costs

Elgin's housing index of 89 is lower Greeley's 136, translating to median home prices of $279,000 vs $420,000. The $141,000 difference in home prices means roughly $9,168 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Elgin compared to $1,275/mo in Greeley, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 104 in Elgin and 95 in Greeley. A household spending the national average of $475/month on groceries would pay approximately $494/month in Elgin vs $451/month in Greeley. Greeley offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Elgin and 89 in Greeley. Monthly utility bills average approximately $356 in Elgin vs $356 in Greeley. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Elgin and 97 in Greeley. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $90,300 in Elgin and $72,500 in Greeley. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $95,053 and $64,159 respectively. Elgin residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,107/month to housing in Elgin vs $1,692/month in Greeley. In Elgin, median rent of $1,375/mo fits within this budget. In Greeley, median rent of $1,275/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 47 index points — focus your budget analysis there.

Frequently Asked Questions

Elgin is 15.9% more affordable overall with an index of 95 vs 113.
A $75,000 salary in Elgin has equivalent purchasing power to approximately $89,211 in Greeley, based on the cost of living difference.
Elgin's housing index is 89 with median homes at $279,000, while Greeley's is 136 with median homes at $420,000.

Moving & Relocation Resources

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