The Woodlands is 54% more expensive than Elgin.
When comparing The Woodlands, TX and Elgin, IL, the overall cost of living indices are 139 and 90 respectively (national median = 100). Rent is $532/month cheaper in Elgin, saving renters about $6,384/year.
Median household income is $53,037/year higher in The Woodlands. Home values also differ significantly — the median in The Woodlands is $479,400 compared to $252,400 in Elgin.
Texas has no state income tax, giving The Woodlands residents a significant tax advantage over Illinois's 4.95% rate.
The Woodlands vs Elgin — common questions
Other cost of living comparisons for The Woodlands and Elgin