The Real Cost of Living in Schaumburg, IL in 2025: Housing, Expenses, and Moving Tips

Last Updated on August 20, 2025 by Kari-Ann Ryan

Are you considering moving to Schaumburg, Illinois, or just curious about what it takes to live comfortably here? Schaumburg, a thriving suburb northwest of Chicago, is known for its excellent schools, convenient access to the city, and shopping hubs like Woodfield Mall. But living here comes with its costs—and knowing what to expect can help you plan your budget wisely.

In this guide, we break down Schaumburg’s major expenses in 2025 and provide tips to manage your budget while enjoying everything this community has to offer.

Housing: Your Biggest Monthly Expense

For most residents, housing makes up the largest portion of their budget.

• Buying a Home: The median home price in Schaumburg in 2025 is around $339,000, showing relative stability compared to previous years. Homes in popular neighborhoods near parks or schools can cost significantly more, especially for modern or renovated properties.
• Renting: Renting a typical apartment in Schaumburg averages about $1,830 per month, slightly above the national average. This reflects the suburb’s demand for convenient living close to shopping, schools, and transportation options.

Utilities and Household Bills

Utilities are another important piece of your monthly budget, and Schaumburg residents enjoy competitive rates compared to the state average:

• Electricity: Expect about $91 per month, which is slightly below Illinois’ average. Energy-efficient appliances, LED lighting, and smart thermostats can help reduce costs further.
• Water & Sewer: The combined costs are roughly $14–$15 per 1,000 gallons, plus a small monthly service charge. These are fairly standard for suburban areas but should still be included in your calculations.
• Internet & Cable: High-speed internet and basic cable plans typically range from $55–$80 per month, depending on speed and service provider.

Groceries & Food

Grocery expenses vary depending on lifestyle, family size, and dietary choices.

• Single Adult: Expect to spend around $300–$400 per month on groceries, assuming a balanced diet.
• Family of Four: A reasonable monthly grocery budget is $850–$1,000, though this can fluctuate depending on eating habits, organic or specialty foods, and shopping preferences.

Schaumburg offers everything from national grocery chains to local markets, making it easier to find deals, plan meals, and stretch your budget.

Transportation: Commuting and Travel

Getting around Schaumburg is relatively convenient, but transportation costs should be considered in your budget:

• Driving: For most residents, commuting expenses—including gas, insurance, and basic maintenance—come to about $150–$200 per month. Naturally, longer commutes or multiple vehicles increase this cost.
• Public Transit: Schaumburg’s Dial-A-Ride (DART) service offers rides within the village and nearby areas at $5–$10 per trip, making it ideal for short trips, errands, or occasional commutes without relying on a car.

Schaumburg also benefits from proximity to major highways and Metra train stations, making travel to Chicago or other suburbs accessible and fairly straightforward.

Healthcare & Insurance

Healthcare is a critical consideration in your monthly budget:

• Health Insurance: For a family plan, expect to pay $1,200–$1,500 per month, depending on coverage, deductibles, and provider networks.
• Routine Medical Costs: Schaumburg residents experience healthcare costs consistent with suburban Illinois averages, including doctor visits, prescriptions, and preventive care.

Schools and Childcare

For families, education and childcare are major considerations:

• Public schools are highly rated, with several consistently ranking above state averages.
• Private schools and daycare services cost anywhere from $800–$1,500/month per child.
• Preschool and early childhood programs vary, but quality options are widely available.

Overall Cost of Living

When you look at the big picture:

• Single Adults: Schaumburg’s cost of living is approximately 13% higher than the national average, largely due to housing and commuting expenses.
• Families of Four: Surprisingly, the cost is slightly below the national average, thanks to efficiencies in household expenses and access to affordable services.

While Schaumburg may feel pricier for individuals, families can find it manageable—and enjoy the community amenities, safety, and quality of life that the suburb provides.

Cost Comparison: Schaumburg vs. Neighboring Suburbs & Chicago

To provide a clearer picture of how Schaumburg’s cost of living compares to nearby areas, here’s a side-by-side comparison:

If you’re also considering Naperville, check out our detailed guide on Naperville’s 2025 cost of living.

Pros and Cons of Living in Schaumburg, Illinois

Understanding the benefits and trade-offs makes your decision easier.

Pros

• Highly rated schools and safe neighborhoods.
• Convenient location with access to Chicago via highways and Metra.
• Parks, sports leagues, shopping, and community events.
• Family-friendly lifestyle with strong local amenities.

Cons

• Housing costs slightly above average.
• Commuting can be expensive if driving to Chicago.
• Winters are harsh, increasing heating and vehicle maintenance costs.
• Nightlife is limited compared to the city.

Moving to Schaumburg: Expert Tips, Costs, and Things to Know

Moving to a new city is exciting, but it can also be overwhelming and expensive if you are not prepared. Schaumburg offers excellent schools, family-friendly neighborhoods, and convenient access to Chicago. Understanding what it takes to move here in 2025 can make the process smoother and less stressful.

Understanding Moving Costs

Moving involves several expenses that can add up quickly. Hiring a full-service moving company typically costs between $1,500 and $4,500 depending on the size of your home and how far you are moving. This investment can be worthwhile, especially if you have large furniture or heavy items. If you prefer a do-it-yourself approach, renting a moving truck usually costs between $200 and $700 plus gas, tolls, and packing materials. Packing supplies such as boxes, tape, and bubble wrap can add another $100 to $300 depending on the size of your household.

One smart approach is to combine professional movers for heavy items with self-packing for lighter belongings. This can save money while still making the move manageable.

You can also use our free moving cost calculator to estimate your expenses and plan your budget more accurately.

Timing Matters

The timing of your move can significantly impact your costs. Moving during the summer months or at the end of the month tends to be more expensive due to high demand. Scheduling your move during the middle of the month or in the spring or fall can save you several hundred dollars and reduce stress. Booking early also ensures that movers and trucks are available when you need them.

Setting Up Utilities and Your Home

Moving is not only about transporting boxes; it is also about getting your new home ready. Make sure to set up electricity, water, gas, internet, and cable before you arrive so you are not left without essential services. Do not forget trash and recycling services, which may require registration with the village. For rental properties, be prepared to pay security deposits, which often equal one month of rent. Keeping a checklist of services, contacts, and setup dates can make the transition smoother.

Choosing the Right Neighborhood

Where you live in Schaumburg affects both your budget and lifestyle. Homes close to highways or Metra stations offer convenience but can be more expensive. Neighborhoods such as Woodfield or Spring Valley provide access to good schools and amenities but tend to come with higher prices. Touring neighborhoods in advance can give you a sense of the safety, community feel, and accessibility of each area. Sometimes choosing a slightly farther location is worth it if it means a larger backyard, a quieter street, or proximity to parks and shops.

Insider Moving Tips

Hiring local movers who know Schaumburg well, such as Midwest Moving and Storage, can save you time and prevent common issues like parking restrictions or building access challenges. Decluttering before your move reduces costs and makes unpacking easier. Selling, donating, or recycling items you no longer need gives you a fresh start in your new home. Make sure to update your address with banks, insurance companies, subscription services, and the postal service before moving to avoid interruptions. Taking photos of electronics, furniture, and valuables before packing can help protect you in case anything is damaged during the move.

One-Time Costs to Keep in Mind

Moving can come with one-time expenses. You may need to purchase new furniture or appliances to fit your new home. Older properties might require minor repairs or renovations before you move in. Some neighborhoods or condo buildings may require move-in fees, elevator reservations, or local permits. Budgeting for these expenses in advance ensures your move feels like a smooth transition rather than a financial strain.

Planning a Move to Schaumburg, IL, Call Mid-West Moving and Storage

When you’re planning a move to Schaumburg, Illinois, we at Mid-West Moving & Storage are here to make the process smooth and worry-free. With over 40 years of experience serving the Chicagoland area, our team handles residential, commercial, and specialty moves with care and professionalism. We’ve been honored with awards like the Daily Herald’s Best of the Best and the BBB Torch Award for Ethics, reflecting our commitment to reliability and customer satisfaction. From packing to transport, we ensure your belongings arrive safely and on time, so you can focus on settling into your new home. Call us today at 847.593.7201 and let us take the stress out of your move.

Frequently Asked Questions

What neighborhoods in Schaumburg are best for young professionals?

Young professionals often prefer neighborhoods like South Schaumburg and Schaumburg Town Center. These areas offer proximity to dining, shopping, and entertainment options, as well as convenient access to major highways and Metra stations for commuting.

Are there pet-friendly apartments and communities in Schaumburg?

Yes, Schaumburg has numerous pet-friendly apartment complexes and communities. Many properties offer amenities such as dog parks, pet grooming stations, and breed-friendly policies. It’s advisable to check individual property policies for specific pet restrictions and fees.

How walkable is Schaumburg and are there biking trails?

Schaumburg is considered car-dependent, but it features several biking trails and pedestrian-friendly areas. The Poplar Creek Trail and Schaumburg Park District trails are popular for outdoor activities. While the downtown area offers walkable amenities, a car is typically necessary for most errands.

What community events or activities are popular in Schaumburg?

Schaumburg hosts a variety of community events throughout the year, including:

• Schaumburg Septemberfest
• Schaumburg Farmers Market
• Concerts in the Park
• Holiday Light Displays

Are there senior living communities or retirement options in Schaumburg?

Yes, Schaumburg offers several senior living communities and retirement options, including:
Chicago Rentals

• Bella Terra Schaumburg
• Schaumburg Township Senior Center

How safe is Schaumburg compared to other Chicago suburbs?

Schaumburg is considered one of the safer suburbs in the Chicago area. The village maintains a low crime rate, supported by active community policing and neighborhood watch programs. While no area is entirely without risk, Schaumburg’s safety record is commendable.

How accessible is Schaumburg for public transportation to Chicago?

Schaumburg is well-connected to Chicago via public transportation:

• Metra: The Northwest Line offers service to downtown Chicago.
• Pace Bus: Multiple routes serve Schaumburg, including express services to the city.
• DART: The Dial-A-Ride Transportation service provides local transit options within Schaumburg.

Can I find short-term rentals or temporary housing in Schaumburg?

Yes, Schaumburg offers various short-term rental and temporary housing options, including:

• Extended Stay America
• Airbnb listings
• Corporate housing providers

These accommodations cater to individuals in transition, such as those relocating or on temporary assignments.