60622 Chicago, IL is a great place to live with many local companies and an affordable cost of living. The average two-bedroom rent for 60622 Chicago, IL is $1,980 which is much lower than the US average of $1,430. When it comes to grocery costs, 60622 Chicago, IL has an index of 103 compared to 100 in the US. This means basic groceries are slightly more expensive in this area but it's still quite affordable. There are many well-known companies located in 60622 Chicago such as : McDonalds, Walgreens, Wrigley Field and the University of Illinois at Chicago. In general, the cost of living in 60622 Chicago is quite reasonable as shown by its rent costs and grocery prices relative to other areas in the US.
Chicago (zip 60622) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60622) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Chicago (zip 60622)
- The Sales Tax Rate for Chicago (zip 60622) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60622) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chicago (zip 60622)
- The average income of a Chicago (zip 60622) resident is $72,130 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60622) resident is $110,694 a year. The US average is $69,021 a year.