Cost of Living: New Haven, CT vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in New Haven, CT versus $4,227/mo in Chicago, IL. In the model, rent is about 21.02% of gross in New Haven, CT versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between New Haven, CT and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
New Haven, CT: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than New Haven, CT, so a given salary generally stretches further there.
Median Rent
New Haven, CT: $1,370/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in New Haven, CT is $47/mo higher than in Chicago, IL.
Median Home Price
New Haven, CT: $249,000 · Chicago, IL: $147,800
Median home price in New Haven, CT is $101,200 higher than in Chicago, IL.
Median Household Income
New Haven, CT: $53,771 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than New Haven, CT by $3,044.
New Haven, CT overview · Chicago, IL overview · Popular comparisons