College Costs in Algonquin, IL 2026
Compare tuition, housing, and financial aid across 2 colleges in Algonquin, Illinois. Use our free calculator to estimate your total cost.
Avg Public Tuition
$15,400
per year
Avg Private Tuition
$38,000
per year
Avg Rent Near Campus
$660
per month
Colleges & Universities
2
institutions
Algonquin Overview
Population
30,046
Student Population
2,552 (8.5%)
Cost of Living Index
93 (avg: 100)
Walk Score
42/100
Transit Score
26/100
Unemployment Rate
5%
College Cost Calculator for Algonquin
Cost Inputs
Total Cost (4 Years, Public In-State)
$113,800
Total After Financial Aid
$113,800
Annual Cost
$28,450
Annual After Aid
$28,450
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $113,800 |
| Monthly Payment | $1,292 |
| Total Interest | $41,261 |
| Total Loan Cost | $155,061 |
Universities in Algonquin
| University | Type | Annual Tuition |
|---|---|---|
| Algonquin State University | Public | $15,540 |
| Algonquin Community College | Community | $5,818 |
Algonquin has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Algonquin vs. National Average
| Category | Algonquin | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $660 | $1,050 | -$390 |
| Cost of Living Index | 93 | 100 | -7 |
Algonquin's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Algonquin
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,552 students
Algonquin has a total population of 30,046, with approximately 2,552 college students (8.5% of the population). Algonquin has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Algonquin
$33,710
Starting Salary
5%
Unemployment Rate
46%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Algonquin earn a median starting salary of $33,710, which is -$1,290 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $113,800 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $10,970 per student per year, the net cost and payback period can be significantly reduced.
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