Chicago-Joliet-Naperville vs New York
Cost of Living Comparison
Chicago-Joliet-Naperville
To match your lifestyle in New York, you'd need:
$106,723
The Verdict
Cost of Living Index
Purchasing Power
New York
To match your lifestyle in Chicago-Joliet-Naperville, you'd need:
$45,310
The Bottom Line
On a $70,000 salary, you would have $13,328 more per year in Chicago-Joliet-Naperville compared to New York. You'd pay $220 less in taxes in New York, while housing costs 63% more. The cost of living in Chicago-Joliet-Naperville is 11% above avg, while New York is 50% above avg, making Chicago-Joliet-Naperville the more affordable city overall. Your $70,000 salary in Chicago-Joliet-Naperville feels like earning $106,723 in New York once you factor in taxes, rent, and cost of living. For K-12 education, New York has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in New York ($21,482 vs $19,246 avg in-state tuition).
K-12 Schools
Colleges & Universities
Frequently Asked Questions
Is Chicago-Joliet-Naperville or New York more expensive?
New York is more expensive with a cost of living index of 149.7 vs 111.0 (national average = 100).
What salary in New York equals $70,000 in Chicago-Joliet-Naperville?
You would need to earn approximately $106,723 in New York to maintain the same purchasing power as a $70,000 salary in Chicago-Joliet-Naperville, after accounting for taxes, rent, and cost of living differences.
How much is rent in Chicago-Joliet-Naperville vs New York?
Average annual rent for a 2-bedroom apartment is $21,372 in Chicago-Joliet-Naperville and $34,920 in New York—housing is 63% more in New York.