Chicago, IL is an amazing city to live in with plenty of local businesses and a vibrant atmosphere. In the zipcode 60654, rent for a two bedroom apartment would be approximately $2,140 according to recent reports. Grocery costs can also add up in this area as the grocery cost index is higher than the rest of the US at 101 versus 100. One great thing about Chicago however is that there are plenty of options for locals to stretch their budgets including Aldi's Groceries, Walmart Supercenter and Jewel-Osco for groceries; Target, Big Lots and Marshalls for department stores; and Best Buy or hhgregg for electronic goods. The overall cost of living in 60654 is high but manageable if you know where to look for the best deals!
Chicago (zip 60654) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60654) 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 60654)
- The Sales Tax Rate for Chicago (zip 60654) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60654) 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 60654)
- The average income of a Chicago (zip 60654) resident is $125,409 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60654) resident is $127,072 a year. The US average is $69,021 a year.