Moving from Montgomery to Chicago will cost approximately $217,237 more on median home prices (70.5% higher). Monthly rent is $905 more expensive in Chicago. Median income is 26.0% higher in Chicago, helping offset housing costs.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Chicago.
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Montgomery is 70.5% cheaper for housing than Chicago. The median home price in Montgomery is $308,037 compared to $525,274 in Chicago.
Monthly rent in Chicago averages $2,189, while Montgomery averages $1,283. That's a difference of $905 per month, or $10,862 annually.
The median household income in Chicago is $73,194, which is 26.0% higher than Montgomery's median of $58,100.
Montgomery has a violent crime rate of 348 per 100k residents, while Chicago has 345 per 100k. Chicago is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
