Is it more expensive to live in LA or Chicago?

The cost of living in Chicago, IL is -18.5% lower than in Los Angeles, CA. You would have to earn a salary of $48,903 to maintain your current standard of living. Employers in Chicago, IL typically pay -6.2% less than employers in Los Angeles, CA.

Is it more expensive to live in Chicago or Los Angeles?

The cost of living in Los Angeles, CA is 22.7% higher than in Chicago, IL. You would have to earn a salary of $73,615 to maintain your current standard of living. Employers in Los Angeles, CA typically pay 6.6% more than employeers in Chicago, IL.

Is it cheaper to live in Illinois or California?

California is 22.7% more expensive than Illinois.

Does Chicago have a high cost of living?

Chicago, Illinois's cost of living is 23% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

Is Chicago the most expensive city to live in?

In a list from Budget Direct, Chicago took No. 23 out of 30 cities worldwide when taking the cost of living from the average salary, ranking just one spot below New York City. Chicago's overall cost of living minus the average salary was equal to $3,379.48, which is what residents are left to spend, the company found.

Living in Los Angeles vs. Chicago

Is Chicago as expensive as California?

The cost of living in Chicago, IL is -18.5% lower than in Los Angeles, CA. You would have to earn a salary of $48,903 to maintain your current standard of living. Employers in Chicago, IL typically pay -6.2% less than employers in Los Angeles, CA.

Is Chicago an affordable city?

CHICAGO (CBS) -- Chicago might be the most affordable major city in the U.S. for minimum wage workers, but even with city's minimum wage now at $13 per hour, a new study shows low-wage earners still have a hard time paying rent. A study by MagnifyMoney found Chicago's median rent is $1,050 per month.

Is Chicago unaffordable?

Compared to the national average, the Chicago cost of living is higher. In fact, the city is ranked as the 11th most expensive city in the nation, putting Chicago on par with cities like Seattle, Boston, and San Diego.

What is a good salary Chicago?

A good salary in Chicago, IL is anything over $50,000. That's because the median income in Chicago is $50,000, which means if you earn more than that you're earning more than 50% of the people living in Chicago. The average salary in Chicago is $60,132. A good hourly wage in Chicago is $24.04 per hour.

Is rent in Chicago expensive?

As of June 2019, Chicago ranks 11th in terms of average rental prices in large American cities. This means Chicagoans pay relatively low rents for a major city (especially compared to San Francisco, where the average rent is a staggering $3,700).

What state has highest cost of living?

Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average.

What state has the lowest cost of living?

Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi's housing costs are the lowest in the nation.

What is the least affordable state to live in?

Florida is the least affordable place to live in the U.S.

Is Chicago more populated than LA?

Highlights. - Los Angeles is 0% more densely populated than Chicago.

What is Chicago's minimum wage?

The state minimum wage in Illinois is $12; the federal minimum wage sits at $7.25. It has not increased since 2009. During the pandemic, some employers, particularly those in the restaurant, retail and travel industries, have upped starting wages to $15 or higher.

Is San Diego more expensive than Chicago?

San Diego is 49.8% more expensive than Chicago. San Diego housing costs are 181.6% more expensive than Chicago housing costs. Health related expenses are 1.8% less in San Diego.

How is life in Chicago?

It can be easy to find your place in Chicago.

But spend time here and you'll start to see why Chicagoans love their city: the clear and open lakefront, affordability, and abundant transportation options. Each neighborhood has something to love, from historic theaters to community gardens to baseball stadiums.

What US city has the highest cost of living?

Is Chicago more expensive than New York?

The cost of living in Chicago, IL is -36.3% lower than in New York, NY. You would have to earn a salary of $38,235 to maintain your current standard of living. Employers in Chicago, IL typically pay -11.8% less than employers in New York, NY.

Is Chicago the cheapest big city?

Chicago may not be the cheapest metro area, but it's definitely more affordable than most. It's the 3rd largest city in the United States, but it isn't in the top 10 most expensive! If the cost of living in Chicago is a concern, you'll find plenty of affordable neighborhoods to put on your list.

What is the best city to live in Chicago?

Is living in Chicago Safe?

As a whole, Chicago crime rates are significantly higher than the national average. Many neighborhoods, however, are among the safest of any major U.S. city. Depending on where you intend to find a home, living in Chicago need not be as scary as the headlines suggest.

Is Chicago Safe?

Chicago is generally safe for travel. Even though Chicago is known for its relatively high average crime rate, this crime is mostly concentrated in certain neighborhoods. Typically, the south and west sides of the city are the most dangerous.