Cost of Living Calculator - Hoffman Estates, Illinois vs Silver Bay, Minnesota


The cost of living in Silver Bay, Minnesota is 33.7% cheaper than Hoffman Estates, Illinois.

You would need a salary of $49,746 in Silver Bay, Minnesota to maintain the standard of living you have in Hoffman Estates, Illinois.
Comparison highlights
• Overall, Silver Bay, Minnesota is cheaper than Hoffman Estates, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% cheaper in Silver Bay
than in Hoffman Estates, Illinois
Hoffman Estates, IL vs Silver Bay, MN
Compared to Hoffman Estates, Silver Bay is:
  Homeowner
      No Child Care, Taxes not Considered
  33.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.0% lower
  Housing (Homeowner)
  65.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.0% lower
  Commute
  41.8% lower
  Health
  1.2% lower
  Taxes
  Childcare
  Personal
  4.7% lower

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