Cost of living compared
On a $200,000 salary, Chicago leaves you about $1,509 more a month than New York after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $105.7K more saved.
| New York, NY | Chicago, IL | |
|---|---|---|
| Take-home pay | $10,898 | $11,606 |
| Federal income tax | $3,061 | $3,061 |
| State and local income tax | $1,513 | $804 |
| Rent (median) | $1,779 | $1,380 |
| Commute | $132 | $75 |
| Everyday costs | $1,920 | $1,575 |
| Left over each month | $7,067 | $8,576 |
| Savings after 5 years | $522,281 | $627,969 |
| 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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