Cost of living in Chicago, IL
What it costs to live in Chicago, IL today, and what changes if you move. Pick a destination below for a full side-by-side on housing, tax and everyday prices. Moving to Chicago, IL instead?
Chicago, IL at a glance
- Median home value
- $323,000
- Median rent
- $1,430/mo
- Median household income
- $90,887
- State income tax
- Flat 4.95%
- Property tax
- 1.98% of value
- State sales tax
- 6.25%
Medians for the metro area, not a particular home or household.
Run this with your own numbers
Estimates only, not advice. Housing and income figures come from the U.S. Census Bureau's American Community Survey (2024); price levels from the Bureau of Economic Analysis (2024); tax rates are for the 2026 tax year, compiled from state revenue departments and the Tax Foundation. Every figure is a median or average for the metro area and will not match any particular household.