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 0.6% cheaper for housing than Newark. The median home price in Chicago is $525,274 compared to $528,705 in Newark, a savings of $3,431.
Monthly rent in Chicago averages $2,189, while Newark averages $2,203. That's a savings of $14 per month, or $172 annually.
The median household income in Chicago is $73,194, which is 29.8% lower than Newark's median of $104,246.
Newark has a violent crime rate of 184 per 100k residents, while Chicago has 345 per 100k. Newark 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.
