Elgin, IL vs. Bolingbrook, IL: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Elgin vs Bolingbrook. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Elgin vs Bolingbrook in 2025.
On average, housing costs are 18% lower in Elgin compared to Bolingbrook. For a typical household, that adds up to over $500 in monthly savings.
1. Housing Costs
Housing is the biggest factor in the cost of living difference between Elgin and Bolingbrook. Rent and home prices tend to be significantly lower in Elgin:
| Housing Type | Elgin | Bolingbrook |
|---|---|---|
| 2BR Apartment (Monthly Rent) | $1,450 | $1,800 |
| 3BR House (Median Price) | $325,000 | $395,000 |
🏆 Winner: Elgin
2. Utilities and Energy Costs
Utility costs are fairly similar between the two cities. In Elgin, expect to pay around $180 per month for electricity, gas, water, and trash for a 2BR apartment. Costs in Bolingbrook are about 5% higher.
Both cities experience cold winters and hot summers, so energy usage tends to be highest in July/August and December/January. Budget an extra $40-50 per month for peak season utilities.
🏆 Winner: Elgin
3. Groceries and Daily Expenses
Grocery costs are very comparable between Elgin and Bolingbrook. A single person might spend around $350 per month on groceries in either city, while a family of four should budget closer to $1,000.
Restaurant prices are also similar. Expect to pay around $12-15 per person for a meal at a casual restaurant, or $30-40 per person for a nicer dinner out.
🏆 Winner: Tie
4. Taxes and Fees
Both Elgin and Bolingbrook have property tax rates around 2.5%, which is higher than the national average but typical for Chicago suburbs. For a $350,000 home, that equates to $8,750 per year in property taxes.
In Elgin, many neighborhoods have HOA fees that include landscaping and trash service. These typically range from $200-400 per month. Bolingbrook has fewer HOAs, but private trash service may cost $20-30 per month.
🏆 Winner: Bolingbrook
5. Cost Summary Table
| Category | Elgin | Bolingbrook |
|---|---|---|
| Housing (3BR House) | $2,200 | $2,700 |
| Utilities | $180 | $190 |
| Groceries | $800 | $800 |
| Transportation | $500 | $450 |
| Taxes (Property) | $730 | $820 |
| Misc Expenses | $500 | $500 |
| Estimated Monthly Total | $4,910 | $5,460 |
All income figures are expressed in gross monthly income (pre-tax). Keep in mind your take-home pay will be lower after taxes and deductions.
6. Lifestyle Fit
While Elgin is more affordable overall, Bolingbrook has some lifestyle advantages:
- Bolingbrook has more public transportation options, with easy access to the Metra rail.
- Bolingbrook is about 10 miles closer to downtown Chicago. Commuting from Elgin takes 20-30 minutes longer each way.
- Elgin has slightly more green space and a quainter downtown area.
Ultimately, both cities provide a fairly suburban lifestyle with good access to Chicago amenities. Elgin is the more budget-friendly pick, while Bolingbrook offers more convenience for commuters.
7. FAQ
Is Elgin more affordable than Bolingbrook?
Yes, the cost of living in Elgin is about 10% lower on average. Housing is the biggest difference, with prices around 18% lower in Elgin.
Which city has lower rent?
Elgin has lower rent, with prices around 20% cheaper than Bolingbrook for a comparable apartment. Check out our guide to the cost of living in Elgin for more details.
Where is it cheaper to buy a home?
Home prices are significantly lower in Elgin. The median price for a 3BR house is about $325,000 in Elgin, compared to nearly $400,000 in Bolingbrook.
8. Conclusion
While both Elgin and Bolingbrook provide an affordable suburban lifestyle, Elgin comes out ahead on overall cost of living. Housing prices are the biggest difference, with costs around 18% lower in Elgin.
Elgin is a great fit for families looking to stretch their budget or first-time homebuyers hoping to get more for their money. However, Bolingbrook can be worth the premium for an easier commute and more convenient amenities.
Considering other Chicago suburbs? Check out our cost of living comparisons for popular cities like Aurora, Naperville, and Joliet.