Cost of living compared
On a $150,000 salary, Chicago leaves you about $1,316 more a month than New York after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $91.7K more saved.
| New York, NY | Chicago, IL | |
|---|---|---|
| Take-home pay | $8,370 | $8,884 |
| Federal income tax | $2,061 | $2,061 |
| State and local income tax | $1,113 | $598 |
| Rent (median) | $1,779 | $1,380 |
| Commute | $132 | $75 |
| Everyday costs | $1,920 | $1,575 |
| Left over each month | $4,539 | $5,854 |
| Savings after 5 years | $337,824 | $429,555 |
| New York | Chicago | |
|---|---|---|
| Cost of living (US average = 100, excluding rent) | 128 | 105 |
| Transit score (100 = car-free is easy) | 95 | 80 |
| Average summer high | 89°F | 83°F |
| Average winter low | 22°F | 16°F |
| Rainy days a year | 118 | 105 |
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