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College Costs in Elgin, IL 2026

Compare tuition, housing, and financial aid across 13 colleges in Elgin, Illinois. Use our free calculator to estimate your total cost.

Avg Public Tuition

$10,014

per year

Avg Private Tuition

$30,900

per year

Avg Rent Near Campus

$1,008

per month

Colleges & Universities

13

institutions

Elgin Overview

Population

114,797

Student Population

8,254 (7.2%)

Cost of Living Index

79 (avg: 100)

Walk Score

45/100

Transit Score

35/100

Unemployment Rate

4.7%

College Cost Calculator for Elgin

Cost Inputs

Total Cost (4 Years, Public In-State)

$79,988

Total After Financial Aid

$79,988

Annual Cost

$19,997

Annual After Aid

$19,997

Cost Breakdown (4 Years)

Tuition$40,056
Room & Board$39,932

If Financed (10-Year Loan at 6.5%)

Loan Amount$79,988
Monthly Payment$908
Total Interest$29,002
Total Loan Cost$108,990

Universities in Elgin

UniversityTypeAnnual Tuition
Judson UniversityPrivate$30,900
Elgin Community CollegeCommunity$4,980

Elgin has 13 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Elgin vs. National Average

CategoryElginNational AvgDifference
Public Tuition (In-State)$10,014$10,940-$926
Monthly Rent Near Campus$1,008$1,050-$42
Cost of Living Index79100-21

Elgin'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 Elgin

45

Walk Score

Car-Dependent

35

Transit Score

Minimal Transit

7.2%

Student Population

8,254 students

Elgin has a total population of 114,797, with approximately 8,254 college students (7.2% of the population). While not primarily a college town, Elgin offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Elgin

$45,558

Starting Salary

4.7%

Unemployment Rate

47%

Graduation Rate

~8 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Elgin earn a median starting salary of $45,558, which is $10,558 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $79,988 (including room and board), it would take approximately 8 years of the salary premium to recoup the investment. With average financial aid of $15,897 per student per year, the net cost and payback period can be significantly reduced.

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