Chicago cost of living
Cost of living in the city of Chicago
Chicago-Naperville-Elgin, IL-IN had 9,408,576 people in the Census Vintage 2024 estimates. The HUD area used for rent is Chicago-Joliet-Naperville, IL HUD Metro FMR Area. The 2024 all-items regional price parity is 103.6, where the U.S. average is 100.
2-bedroom Fair Market Rent
$2,011
FY 2027, principal HUD area
Median gross rent
$1,469
ACS 2024 1-year
Goods prices
107.3
BEA goods RPP, 2024
Utilities prices
83.6
BEA utilities RPP, 2024
Mean commute
30.9 minutes
ACS S0801, workers who did not work from home
Median household income
$90,770
ACS 2024, 2024 dollars
Median real estate taxes divided by median home value in this metro are 1.90%. Childcare prices are not in the verified dataset.
Benefits in Illinois
Benefit rules in this tool follow the state, not the city. SNAP in Illinois · Medicaid · Illinois overview
Related comparisons
From Chicago
The eight largest 2-bedroom Fair Market Rent gaps from Chicago.
- Chicago and San Francisco · rent gap $1,686
- Chicago and San Jose · rent gap $1,261
- Chicago and Boston · rent gap $997
- Chicago and McAllen · rent gap $994
- Chicago and Wichita · rent gap $968
- Chicago and New York · rent gap $960
- Chicago and Los Angeles · rent gap $953
- Chicago and Little Rock · rent gap $890
Nearby metros
Next in the population ranking: Los Angeles, Dallas, Houston