Elgin vs Philadelphia
Cost of Living Comparison · 2026
Elgin
Philadelphia
The Verdict
Living in Elgin costs 10.4% less than Philadelphia. To match the purchasing power of a $75,000 salary in Elgin, you would need $83,684 in Philadelphia.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Elgin has the same purchasing power as $83,684 in Philadelphia.
Conversely, $75,000 in Philadelphia equals $67,217 in Elgin.
Living in Elgin vs Philadelphia
Housing Costs
Elgin's housing index of 89 is lower Philadelphia's 107, translating to median home prices of $279,000 vs $240,000. The $39,000 difference in home prices means roughly $2,532 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 Philadelphia, a monthly difference of $25.
Grocery & Food Costs
Grocery expenses index at 104 in Elgin and 104 in Philadelphia. A household spending the national average of $475/month on groceries would pay approximately $494/month in Elgin vs $494/month in Philadelphia. 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 113 in Philadelphia. Monthly utility bills average approximately $356 in Elgin vs $452 in Philadelphia. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 105 in Elgin and 101 in Philadelphia. 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 $49,127 in Philadelphia. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $95,053 and $46,346 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 $1,146/month in Philadelphia. In Elgin, median rent of $1,375/mo fits within this budget. In Philadelphia, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 24 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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