Chicago, IL vs New York, NY
Cost of Living Comparison
Equivalent Salary
$100,000 in Chicago, IL = $109,669 in New York, NY
Buying power is 9.7% higher in New York, NY
Median Rent
$1,380 vs $1,779
28.9% higher in New York, NY
Median Income
$75,134 vs $79,713
6.1% higher in New York, NY
Home Value
$315,200 vs $751,700
138.5% higher in New York, NY
Price Level
102.6 vs 112.5
US avg = 100
Salary Needed for Median Rent
$55,200 vs $71,200
30% of gross income guideline
Rent as % of Income
22.0% vs 26.8%
Lower is more affordable