Zip 60629 (Chicago, IL) Cost of Living

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Chicago cost of living score
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Chicago (zip 60629), Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

Zip 60629 (Chicago, IL)

Housing costs in Chicago?
A typical home costs $236,000, which is 30.2% less expensive than the national average of $338,100 and 2.4% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chicago costs $1,120 per month, which is 11.1% cheaper than the national average of $1,260 and 25.0% cheaper than the state average of $1,400.

Can I afford Chicago?
To live comfortably in Chicago (zip 60629), Illinois, a minimum annual income of $45,360 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Chicago?
The cost of living in 60629 Chicago, IL is quite high. The median home value is $306,000, which is well above the national average of $208,000. The median household income is $45,037, slightly below the national average of $57,652. Renters pay an average of $1,112 per month for a one-bedroom apartment. Groceries and health care are both expensive. Overall, the cost of living in this area is higher than most other parts of the country.
   Cost of living score
     CategoriesChicagoIllinoisUnited States

   100=National Average

   Average Rent by Bedroom Size