Cost of Living: Coral Springs, FL vs Elgin, IL (2026)

Coral Springs

Florida
146
VS

Elgin

Illinois
90

Coral Springs is 62% more expensive than Elgin.

$1,951/mo ↑ 55%
Median Rent
$1,260/mo ↓ 35%
$90,643/yr ↑ 3%
Median Income
$88,316/yr ↓ 3%
$502,700 ↑ 99%
Home Value
$252,400 ↓ 50%
$1,969/mo ↑ 31%
Owner Costs
$1,502/mo ↓ 24%
133,962
Population
114,106

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

25.8%
rent-to-income
Affordability
17.1%
rent-to-income

Detailed Comparison

When comparing Coral Springs, FL and Elgin, IL, the overall cost of living indices are 146 and 90 respectively (national median = 100). Rent is $691/month cheaper in Elgin, saving renters about $8,292/year.

Median household income is $2,327/year higher in Coral Springs. Home values also differ significantly — the median in Coral Springs is $502,700 compared to $252,400 in Elgin.

Florida has no state income tax, giving Coral Springs residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Coral Springs vs Elgin — common questions

Is Coral Springs or Elgin cheaper to live in?
Based on our cost index, Elgin is cheaper to live in with an index of 90 compared to 146 (US average = 100).
What is the rent difference between Coral Springs and Elgin?
Median rent in Coral Springs is $1,951/month and in Elgin it's $1,260/month — a difference of $691/month.
Which city has higher income, Coral Springs or Elgin?
Median household income is $90,643 in Coral Springs and $88,316 in Elgin. Median household income is $2,327/year higher in Coral Springs.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Coral Springs or Elgin?
It depends on your priorities. Coral Springs has a cost index of 146 with median rent of $1,951/mo, while Elgin has a cost index of 90 with rent of $1,260/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Coral Springs details → View Elgin details →

More Comparisons

Other cost of living comparisons for Coral Springs and Elgin

Coral Springs vs. Midland Coral Springs vs. Sterling Heights Coral Springs vs. Kent Coral Springs vs. New Haven Coral Springs vs. Stamford Coral Springs vs. Carrollton Elgin vs. Provo Elgin vs. Odessa Elgin vs. Waterbury Elgin vs. Springfield Elgin vs. Carlsbad Elgin vs. Beaumont