Cost of Living Chicago
Learn about the Cost of Living in Chicago
Chicago is a national hub for business and industry. Its known all over the world for its daring approach to culture and the arts and its fierce passion for sports. To add to Chicago’s impressive accomplishments, she is now an applicant for the 2016 Summer Olympic games.Chicago cost of living is high. Chicago cost of living is about 60% above the national average. I was truly shocked when I found out how much the cost of apartment living is in Chicago. Studios go for $700 -$900 in the windy city while a one bedrooms averages around $1600 to $1700. Need an apartment for two or three bedrooms? When you better have a six figure income because living in a 2-3 bedroom apartment in Chicago’s inner city will cost of anywhere from $1900 all the way to a staggering $2,900. There is hope though! One great thing about living in Chicago is there are many suburbs not to far from the city where apartment rent is much cheaper.
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The Cost Of living In Chicago
The cost of living in Chicago isn’t something you attach a number too. Chicago is an iconic city. Chicago is one of the places that spark wonder and excitement. Good or bad everyone has heard of the windy city. Chicago has a lot to offer; from its mid west mentality to it urban flavor. The Chi also supports a great night life for party goers. We’ re talking clubs that are open till the wee hours and fine dinning for more reserved patrons. You can find it all in Chicago.
Bucktown is Located on the near Northwest side of Chicago. This community consists of the historic remnants of Old Bucktown. Proof positive are the hundred-year-old buildings and cobblestone streets. This area is live and thriving with nightlife and an array of independent shops. The combined of the neighborhood being adjacent to downtown, the Kennedy Expressway and the CTA Blue Line, makes Bucktown one of Chicago’s best neighborhoods. For young and old alike Bucktown has something to offer.
Hyde Park is one of Chicago’ s premier neighborhoods. Hyde Park is also home to the University Of Chicago here you’ll find some of the greatest minds our country has to offer. It s a cultural and intellectual community to say the least. Hyde Park is definitely one of Chicago’s shining jewels. President Obama once called Hyde Park home. There are shop, coffee houses and art district where there are plays and the like.
The softer side of Chicago would most likely be a place like Western Springs. About 20 miles west of Chicago you’ ll find a community with a small town look and feel you would expect for a community this size. Western Springs has a population of about 13,000. With its great schools and forward thinking Western Springs can be counted among the ever growing list of jewels in the mid west.
Chicago has something for every one. Who among us doesn’t enjoy a night on the town? If your favorite evening activity is dancing, listening to live music, sipping martinis, or drinking beer at a pub, Chicago’ s bars and nightclubs have something to suit your preference. Beer, DJs, house parties, bands, sports franchises and some of the worlds most fine dinning; you can feel the energy of a Chicago night.
The cost of living is not something to be measured with a ruler or statistic. In this overview we took a look at the intangibles of life. Life is about living and finding a happiness to live in. Money was not the motivation of this article. There are many great communities in and around the Chicago area that provide a great atmosphere in which to call home. The people place the sights and sounds of the city; encompass a feel that’ s priceless. The cost of living in Chicago is one of happiness and growth. The atmosphere give way more to the individual than one could ever give back. Remember money is not the key to life; life is the dream in which we all share.
Other Chicago Cost of living Stats
- Median Household income – $63,000
- Electricity – 8.38 cent per KWH
- Gasoline – $3.82 IL average / Gasoline Tax – 32.5 cents per gallon
- Diesel Fuel Tax – 43.5 cents per gallon
- State Sales Tax – 6.25% (local taxes can raise this up to 8.5%)
- Cigarette Tax – 98 cents per pack
- Income Tax – 3%
