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Cost of living compared

New York vs Chicago

On a $60,000 salary, Chicago leaves you about $979 more a month than New York after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $67.3K more saved.

Each month on $60,000 a year

New York, NYChicago, IL
Take-home pay$3,795$3,972
Federal income tax$418$418
State and local income tax$405$227
Rent (median)$1,779$1,380
Commute$132$75
Everyday costs$1,920$1,575
Left over each month−$36$942
Savings after 5 years$11,688$78,996

The places

New YorkChicago
Cost of living (US average = 100, excluding rent)128105
Transit score (100 = car-free is easy)9580
Average summer high89°F83°F
Average winter low22°F16°F
Rainy days a year118105

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How this was worked out

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