City comparison

Chicago vs Melbourne

Chicago scores higher on salary; Chicago has a lower cost of living. Compare Chicago and Melbourne on earnings, rent pressure, career opportunity, and 3-year financial impact.

Overall verdict

Melbourne scores higher overall

Melbourne is a step down on both savings and career opportunity

How they compare

If you want to save more

ChicagoOverall fitMelbourne
62 / 52+10 Chicago
ChicagoSavingsMelbourne
58 / 45+13 Chicago
ChicagoCareerMelbourne
73 / 63+10 Chicago
ChicagoLow pressureMelbourne
63 / 64+1 Melbourne

If you want career growth

ChicagoOverall fitMelbourne
68 / 60+8 Chicago
ChicagoSavingsMelbourne
58 / 45+13 Chicago
ChicagoCareerMelbourne
73 / 63+10 Chicago
ChicagoLow pressureMelbourne
63 / 64+1 Melbourne

If you want better balance

ChicagoOverall fitMelbourne
66 / 66
ChicagoSavingsMelbourne
58 / 45+13 Chicago
ChicagoCareerMelbourne
73 / 63+10 Chicago
ChicagoLow pressureMelbourne
63 / 64+1 Melbourne

Financial impact: moving from Chicago to Melbourne

Based on a representative $80,000 USD salary. Not tax-adjusted.

-$1,432
Monthly
-$17,184
1 year
-$51,552
3 years

Moving from Chicago to Melbourne: trade-offs

You gain

+Better quality of life — Melbourne scores higher on lifestyle and liveability

You lose

Weaker savings potential — Melbourne is 13 points lower on savings capacity
-$1,432/mo estimated net reduction — $17,184 over the first year
Smaller career market — fewer top-tier roles and lower salary ceiling than your current city

Chicago

US
Salary index
70
Cost index
60
Rent pressure
37
Opportunity
74

Melbourne

AU
Salary index
58
Cost index
64
Rent pressure
36
Opportunity
66

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