Chicago (zip 60608), Illinois gets a BestPlaces Cost of Living index of 105.7, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 5.7 percent higher than the U.S. average and 12.8 percent higher than the average for Illinois.
A typical home costs $299,600, which is 11.4 percent less expensive than the national average of $338,100 and 24.0 percent more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chicago costs $1,160 per month, which is 7.9 percent cheaper than the national average of $1,260 and 20.7 percent cheaper than the state average of $1,400.
To live comfortably in Chicago (zip 60608), Illinois, a minimum annual income of $57,240 for a family, and $40,400 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Chicago (zip 60608) is cheaper than the US average. A cost of living index above 100 means Chicago (zip 60608), Illinois is more expensive.
Chicago (zip 60608) cost of living is 105.7