City Comparison

Elgin vs Jacksonville

Cost of Living Comparison · 2026

Elgin

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

Jacksonville

Florida
95
Below Average
$280,000
Median Home
$1,400/mo
Median Rent
$53,025
Median Income

The Verdict

0.0%

Elgin is 0.0% less expensive than Jacksonville overall. A household earning $75,000 in Elgin would need approximately $75,000 in Jacksonville to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
89
Elgin
89
Jacksonville
Groceries
104
Elgin
101
Jacksonville
Utilities
89
Elgin
94
Jacksonville
Transportation
107
Elgin
103
Jacksonville
Healthcare
105
Elgin
95
Jacksonville

Salary Equivalence

A $75,000 salary in Elgin has the same purchasing power as $75,000 in Jacksonville.

Conversely, $75,000 in Jacksonville equals $75,000 in Elgin.

Living in Elgin vs Jacksonville

Housing Costs

Elgin's housing index of 89 is equal to Jacksonville's 89, translating to median home prices of $279,000 vs $280,000. The $1,000 difference in home prices means roughly $60 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Elgin compared to $1,400/mo in Jacksonville, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 104 in Elgin and 101 in Jacksonville. A household spending the national average of $475/month on groceries would pay approximately $494/month in Elgin vs $480/month in Jacksonville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Elgin and 94 in Jacksonville. Monthly utility bills average approximately $356 in Elgin vs $376 in Jacksonville. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Elgin and 95 in Jacksonville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $90,300 in Elgin and $53,025 in Jacksonville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $95,053 and $55,816 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 $1,237/month in Jacksonville. In Elgin, median rent of $1,375/mo fits within this budget. In Jacksonville, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 10 index points — focus your budget analysis there.

Frequently Asked Questions

Elgin is 0.0% more affordable overall with an index of 95 vs 95.
A $75,000 salary in Elgin has equivalent purchasing power to approximately $75,000 in Jacksonville, based on the cost of living difference.
Elgin's housing index is 89 with median homes at $279,000, while Jacksonville's is 89 with median homes at $280,000.

Moving & Relocation Resources

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