Chicago, Illinois vs. New Albany, Indiana

Cost of Living Comparison

The cost of living in New Albany, Indiana is 21.5% cheaper than Chicago, Illinois.

You would need a salary of $47,095 in New Albany, Indiana to maintain the standard of living you have in Chicago, Illinois.
Comparison highlights
• Overall, New Albany, Indiana is cheaper than Chicago, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
31% cheaper in New Albany
than in Chicago, Illinois
Chicago, IL vs. New Albany, IN
Compared to Chicago, New Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  21.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.3% lower
  Housing (Homeowner)
  39.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.0% higher
  Commute
  35.4% lower
  Health
  0.1% lower
  Taxes
  Childcare
  Personal
  6.2% lower