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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Chicago is 42.6% cheaper for housing than New York. The median home price in Chicago is $525,274 compared to $915,666 in New York, a savings of $390,392.
Monthly rent in Chicago averages $2,189, while New York averages $3,815. That's a savings of $1,627 per month, or $19,520 annually.
The median household income in Chicago is $73,194, which is 8.7% lower than New York's median of $80,175.
New York has a violent crime rate of 308 per 100k residents, while Chicago has 345 per 100k. New York 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.
