Cost of living compared
On a $60,000 salary, Chicago leaves you about $455 more a month than Minneapolis after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $31.3K more saved.
| Chicago, IL | Minneapolis, MN | |
|---|---|---|
| Take-home pay | $3,972 | $3,901 |
| Federal income tax | $418 | $418 |
| State and local income tax | $227 | $298 |
| Rent (median) | $1,380 | $1,329 |
| Commute | $75 | $585 |
| Everyday costs | $1,575 | $1,500 |
| Left over each month | $942 | $487 |
| Savings after 5 years | $78,996 | $47,731 |
| Chicago | Minneapolis | |
|---|---|---|
| Cost of living (US average = 100, excluding rent) | 105 | 100 |
| Transit score (100 = car-free is easy) | 80 | 60 |
| Average summer high | 83°F | 83°F |
| Average winter low | 16°F | 6°F |
| Rainy days a year | 105 | 103 |
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