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Cost of living compared

Chicago vs Minneapolis

On a $200,000 salary, Chicago leaves you about $636 more a month than Minneapolis after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $44.3K more saved.

Each month on $200,000 a year

Chicago, ILMinneapolis, MN
Take-home pay$11,606$11,354
Federal income tax$3,061$3,061
State and local income tax$804$1,056
Rent (median)$1,380$1,329
Commute$75$585
Everyday costs$1,575$1,500
Left over each month$8,576$7,940
Savings after 5 years$627,969$583,692

The places

ChicagoMinneapolis
Cost of living (US average = 100, excluding rent)105100
Transit score (100 = car-free is easy)8060
Average summer high83°F83°F
Average winter low16°F6°F
Rainy days a year105103

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How this was worked out

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