Website ranks Elgin as safest, most affordable city in U.S.
Finance website GoBankingRates.com has named Elgin the number one city in the U.S. for safety and affordability.
The top 50 list was based on costs of living and crime rate averages, with America’s largest cities ranked from lowest to highest on crime metrics, median income, cost of living, mortgage rates, average home values and other data compiled through May 2024.
Elgin was listed with a median household income of $85,998, with average mortgage costs of $1,840 and monthly cost-of-living totals around $4,000.
Elgin was followed in the rankings by Cary, North Carolina, Gilbert, Arizona, League City, Texas and Rochester, Minnesota. Joliet came in at No. 17 on the list.
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