College Costs in Elk Grove Village, IL 2026
Compare tuition, housing, and financial aid across 2 colleges in Elk Grove Village, 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
$711
per month
Colleges & Universities
2
institutions
Elk Grove Village Overview
Population
32,750
Student Population
1,983 (6.1%)
Cost of Living Index
91.8 (avg: 100)
Walk Score
43/100
Transit Score
19/100
Unemployment Rate
4.3%
College Cost Calculator for Elk Grove Village
Cost Inputs
Total Cost (4 Years, Public In-State)
$119,500
Total After Financial Aid
$119,500
Annual Cost
$29,875
Annual After Aid
$29,875
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $119,500 |
| Monthly Payment | $1,357 |
| Total Interest | $43,328 |
| Total Loan Cost | $162,828 |
Universities in Elk Grove Village
| University | Type | Annual Tuition |
|---|---|---|
| Elk Grove Village State University | Public | $16,846 |
| Elk Grove Village Community College | Community | $4,932 |
Elk Grove Village has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Elk Grove Village vs. National Average
| Category | Elk Grove Village | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $711 | $1,050 | -$339 |
| Cost of Living Index | 91.8 | 100 | -8.200000000000003 |
Elk Grove Village'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 Elk Grove Village
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
1,983 students
Elk Grove Village has a total population of 32,750, with approximately 1,983 college students (6.1% of the population). While not primarily a college town, Elk Grove Village offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Elk Grove Village
$38,301
Starting Salary
4.3%
Unemployment Rate
61%
Graduation Rate
~36 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Elk Grove Village earn a median starting salary of $38,301, which is $3,301 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $119,500 (including room and board), it would take approximately 36 years of the salary premium to recoup the investment. With average financial aid of $14,336 per student per year, the net cost and payback period can be significantly reduced.
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