Cost of Living: Fall River, MA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Fall River, MA versus $4,227/mo in Chicago, IL. In the model, rent is about 15.82% of gross in Fall River, MA versus 20.28% in Chicago, IL, so Fall River, MA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Fall River, MA and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Fall River, MA
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
Fall River, MA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Fall River, MA, so a given salary generally stretches further there.
Median Rent
Fall River, MA: $1,032/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $291/mo higher than in Fall River, MA.
Median Home Price
Fall River, MA: $357,800 · Chicago, IL: $147,800
Median home price in Fall River, MA is $210,000 higher than in Chicago, IL.
Median Household Income
Fall River, MA: $53,933 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Fall River, MA by $2,882.
Fall River, MA overview · Chicago, IL overview · Popular comparisons