New York is about 9% more expensive than Chicago overall — $100,000 in Chicago is worth about $108,657 in New York.
Chicago vs New York: the numbers
| Metric | Chicago | New York | Difference |
|---|---|---|---|
| Cost-of-living index (US=100) | 104 | 113 | +9% |
| Median rent | $1,380 | $1,779 | +29% |
| Median home value | $315,200 | $751,700 | +138% |
| Median household income | $75,134 | $79,713 | +6% |
Cost of living = BEA Regional Price Parities (US average = 100). Rent, home value, and income from the U.S. Census ACS. See our methodology.
What your salary is worth
A $100,000 salary in Chicago has the same buying power as about $108,657 in New York. Going the other way, $100,000 in New York is like $92,033 in Chicago.
Use the calculator below to compare any salary between Chicago and New York.