City Comparison

Elgin vs Syracuse

Cost of Living Comparison · 2026

Elgin

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

Syracuse

New York
92
Below Average
$140,000
Median Home
$950/mo
Median Rent
$36,708
Median Income

The Verdict

3.3%

Living in Syracuse costs 3.3% less than Elgin. To match the purchasing power of a $75,000 salary in Elgin, you would need $72,632 in Syracuse.

Category-by-Category Breakdown

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

Housing
89
Elgin
69
Syracuse
Groceries
104
Elgin
101
Syracuse
Utilities
89
Elgin
105
Syracuse
Transportation
107
Elgin
101
Syracuse
Healthcare
105
Elgin
100
Syracuse

Salary Equivalence

A $75,000 salary in Elgin has the same purchasing power as $72,632 in Syracuse.

Conversely, $75,000 in Syracuse equals $77,446 in Elgin.

Living in Elgin vs Syracuse

Housing Costs

Elgin's housing index of 89 is higher Syracuse's 69, translating to median home prices of $279,000 vs $140,000. The $139,000 difference in home prices means roughly $9,036 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Elgin compared to $950/mo in Syracuse, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 104 in Elgin and 101 in Syracuse. A household spending the national average of $475/month on groceries would pay approximately $494/month in Elgin vs $480/month in Syracuse. 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 105 in Syracuse. Monthly utility bills average approximately $356 in Elgin vs $420 in Syracuse. 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 100 in Syracuse. 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 $36,708 in Syracuse. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $95,053 and $39,900 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 $857/month in Syracuse. In Elgin, median rent of $1,375/mo fits within this budget. In Syracuse, median rent of $950/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

Syracuse is 3.3% more affordable overall with an index of 92 vs 95.
A $75,000 salary in Elgin has equivalent purchasing power to approximately $72,632 in Syracuse, based on the cost of living difference.
Elgin's housing index is 89 with median homes at $279,000, while Syracuse's is 69 with median homes at $140,000.

Moving & Relocation Resources

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