Chicago (zip 60632), 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 $238,200, which is 29.5 percent less expensive than the national average of $338,100 and 1.4 percent less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chicago costs $1,070 per month, which is 15.1 percent cheaper than the national average of $1,260 and 30.8 percent cheaper than the state average of $1,400.
To live comfortably in Chicago (zip 60632), Illinois, a minimum annual income of $45,720 for a family, and $37,200 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 60632) is cheaper than the US average. A cost of living index above 100 means Chicago (zip 60632), Illinois is more expensive.
Chicago (zip 60632) cost of living is 105.7