Cost of Living: Elgin, IL vs Pompano Beach, FL (2026)

Elgin

Illinois
90
VS

Pompano Beach

Florida
109

Elgin is 17% cheaper than Pompano Beach.

$1,260/mo ↓ 23%
Median Rent
$1,636/mo ↑ 30%
$88,316/yr ↑ 38%
Median Income
$63,832/yr ↓ 28%
$252,400 ↓ 22%
Home Value
$321,900 ↑ 28%
$1,502/mo ↓ 2%
Owner Costs
$1,527/mo ↑ 2%
114,106
Population
112,212

Tax Comparison

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

Affordability

17.1%
rent-to-income
Affordability
30.8%
rent-to-income

Detailed Comparison

When comparing Elgin, IL and Pompano Beach, FL, the overall cost of living indices are 90 and 109 respectively (national median = 100). Rent is $376/month cheaper in Elgin, saving renters about $4,512/year.

Median household income is $24,484/year higher in Elgin. Home values also differ significantly — the median in Elgin is $252,400 compared to $321,900 in Pompano Beach.

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

Frequently Asked Questions

Elgin vs Pompano Beach — common questions

Is Elgin or Pompano Beach cheaper to live in?
Based on our cost index, Elgin is cheaper to live in with an index of 90 compared to 109 (US average = 100).
What is the rent difference between Elgin and Pompano Beach?
Median rent in Elgin is $1,260/month and in Pompano Beach it's $1,636/month — a difference of $376/month.
Which city has higher income, Elgin or Pompano Beach?
Median household income is $88,316 in Elgin and $63,832 in Pompano Beach. Median household income is $24,484/year higher in Elgin.
How do taxes compare between Illinois and Florida?
Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Elgin or Pompano Beach?
It depends on your priorities. Elgin has a cost index of 90 with median rent of $1,260/mo, while Pompano Beach has a cost index of 109 with rent of $1,636/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Elgin details → View Pompano Beach details →

More Comparisons

Other cost of living comparisons for Elgin and Pompano Beach

Elgin vs. Provo Elgin vs. Odessa Elgin vs. Waterbury Elgin vs. Springfield Elgin vs. Carlsbad Elgin vs. Beaumont Pompano Beach vs. Lansing Pompano Beach vs. Peoria Pompano Beach vs. Las Cruces Pompano Beach vs. Downey Pompano Beach vs. Gresham Pompano Beach vs. Murrieta