How much does it cost to live in Chicago suburbs?

How much does it cost to live in Chicago suburbs?

According to Numbeo, the average cost of living for a single person without rent in Chicago is $980. For a 4-person family, this works out to approximately $3,500 without rent. This means that a single person with an average salary renting a 45 square meter studio apartment can expect to spend $3,043 a month all in.

Is rent in Chicago expensive?

As of June 2019, Chicago ranks 11th in terms of average rental prices in large American cities. This means Chicagoans pay relatively low rents for a major city (especially compared to San Francisco, where the average rent is a staggering $3,700).

How much does it cost to live comfortably in Chicago?

The median income for Chicagoans is $58,247. And to live comfortably in Chicago in a one-bedroom apartment you would need around $43,200 a year, which translates to $21.60 per hour.

How much does it cost to live in a house in Chicago?

Chicago cost of living is 106.9

COST OF LIVING Chicago Illinois
Housing 99.1 79.5
Median Home Cost $291,200 $234,000
Utilities 92.8 97.7
Transportation 138.5 106.2
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What is the cheapest place to live in Chicago?

Here are 10 of the most affordable neighborhoods in Chicago, depending on the type of amenities you like within your community.

  • 1. Logan Square.
  • Irving Park.
  • Avondale.
  • Humboldt Park.
  • Pilsen.
  • Uptown.
  • South Shore.
  • Albany Park.

What is considered a good salary in Chicago?

A good salary in Chicago, IL is anything over $50,000. That’s because the median income in Chicago is $50,000, which means if you earn more than that you’re earning more than 50% of the people living in Chicago. The average salary in Chicago is $60,132. A good hourly wage in Chicago is $24.04 per hour.

Is Chicago more expensive than LA?

Good News! The cost of living in Chicago, IL is -18.5% lower than in Los Angeles, CA. You would have to earn a salary of $48,903 to maintain your current standard of living. Employers in Chicago, IL typically pay -6.2% less than employers in Los Angeles, CA.

Is Chicago cheaper than New York?

The Chicago cost of living is about 40-50% lower than the cost of living in New York! Virtually everything is cheaper in Chicago compared to New York: Rent prices are 58% cheaper in Chicago vs New York ($3,374 average rent in New York vs $1,862 average rent in Chicago)

Is Chicago more expensive than Seattle?

Chicago is 38.0% less expensive than Seattle. Chicago housing costs are 67.9% less expensive than Seattle housing costs. Health related expenses are 6.3% more in Chicago.

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