Cost of Living: Addison, IL vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Addison, IL versus $4,116/mo in New York, NY. In the model, rent is about 18.03% of gross in Addison, IL versus 25.92% in New York, NY, so Addison, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Addison, IL and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Addison, IL
- Lower rent (median 1BR/2BR): Addison, IL
- Lower home prices: Addison, IL
- Higher median household income: Addison, IL
Cost of Living Index
Addison, IL: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Addison, IL has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Addison, IL: $1,176/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $514/mo higher than in Addison, IL.
Median Home Price
Addison, IL: $318,000 · New York, NY: $751,700
Median home price in New York, NY is $433,700 higher than in Addison, IL.
Median Household Income
Addison, IL: $87,587 · New York, NY: $79,713
Addison, IL has a higher median household income than New York, NY by $7,874.
Addison, IL overview · New York, NY overview · Popular comparisons