Chicago vs New York
Salary & cost of living comparison
Metric
Chicago
New York
Median Salary
$65,000
↓
$75,000
↑
Rent (1BR)
$2,000
↓
$3,200
↑
Rent (2BR)
$2,800
↓
$4,500
↑
CoL Index
78
↓
100
↑
Groceries
82
↓
100
↑
Transport
$110
↓
$127
↑
Tax Rate
27.5%
↓
28.5%
↑
Tech Hub
7/10
↓
9/10
↑
Cost of Living Ratio
1.28
New York is more expensive
Rent Ratio
1.60
Salary Equivalent Ratio
1.28
💰 Salary Equivalents
Enter your salary to see the equivalent:
$
in Chicago
=
—
in New York
Common salary equivalents:
$50k in Chicago
=
$64k in New York
$80k in Chicago
=
$102k in New York
$100k in Chicago
=
$128k in New York
$120k in Chicago
=
$154k in New York
$150k in Chicago
=
$192k in New York
$200k in Chicago
=
$256k in New York
📈 Monthly Budget Breakdown
Chicago
$4,189/mo net
Rent $2,000
Groceries $369
Transport $110
Utilities $117
Leisure $195
Savings $1,398
New York
$4,780/mo net
Rent $3,200
Groceries $450
Transport $127
Utilities $150
Leisure $250
Savings $603
❓ Frequently Asked Questions
No, New York is approximately 28% more expensive than Chicago based on overall cost of living index.
To maintain the same standard of living as a $100,000 salary in Chicago, you would need approximately $128,000 in New York.
Chicago has a lower effective tax rate. Chicago has an effective rate of 27.5% while New York has 28.5%.
New York ranks higher for tech workers with a tech hub score of 9/10 compared to 7/10.