Cost of living in Schaumburg
Schaumburg, located in Illinois, is a vibrant suburb known for its shopping centers and business hubs. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of expenses in Schaumburg, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11 on average, with a range between $10 and $22.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $65 to $110.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.5, with a range between $10 and $13.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $5, imported beer $6 to $7, cappuccino $4 to $5, and Coke/Pepsi $2 to $2.69.
Grocery Prices
- Milk - Milk is priced at $0.81 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $5.02.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $2.3, averaging $2.15.
- Fruits (e.g., Apples, Bananas) - Apples cost $4.39 per kg, while bananas range from $1.32 to $3.06 per kg.
- Vegetables (e.g., Tomatoes) - Tomatoes are priced at $3.73 per kg.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.25 per liter, averaging $1.03.
- Car Purchase - A new Volkswagen Golf costs around $26,000, while a Toyota Corolla is priced at $29,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1650 to $2100, averaging $1933.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1500 to $1800, averaging $1650.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2300 to $2500, averaging $2400.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2100.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $275 on average.
- Internet - Internet services range from $75 to $100, with an average cost of $87.5.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $70 and $80, averaging $75.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Sports And Leisure
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Salaries And Financing
Salaries And Financing
"Key Takeaways"
Schaumburg offers a moderate cost of living with reasonable dining and grocery prices.
Housing costs can be significant, especially in the city centre, but options outside the centre are more affordable.
Transportation costs are manageable, with gasoline prices being relatively low.
Conclusion
In conclusion, Schaumburg presents a balanced cost of living, making it an attractive option for those seeking suburban life with access to urban amenities.
Potential residents should consider housing and transportation as key factors in their budgeting plans.