City comparison

Chicago vs New York

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

Overall verdict

Chicago scores higher overall

You increase opportunity but also increase pressure in New York

How they compare

If you want to save more

ChicagoOverall fitNew York
62 / 57+5 Chicago
ChicagoSavingsNew York
58 / 50+8 Chicago
ChicagoCareerNew York
73 / 90+17 New
ChicagoLow pressureNew York
63 / 46+17 Chicago

If you want career growth

ChicagoOverall fitNew York
68 / 73+5 New
ChicagoSavingsNew York
58 / 50+8 Chicago
ChicagoCareerNew York
73 / 90+17 New
ChicagoLow pressureNew York
63 / 46+17 Chicago

If you want better balance

ChicagoOverall fitNew York
66 / 65+1 Chicago
ChicagoSavingsNew York
58 / 50+8 Chicago
ChicagoCareerNew York
73 / 90+17 New
ChicagoLow pressureNew York
63 / 46+17 Chicago

Financial impact: moving from Chicago to New York

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

-$354
Monthly
-$4,248
1 year
-$12,744
3 years

Moving from Chicago to New York: trade-offs

You gain

+Higher career ceiling — New York has stronger job market depth and salary upside

You lose

-$354/mo estimated net reduction — $4,248 over the first year
Higher cost pressure — rent will consume a larger share of your income

Chicago

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

New York

US
Salary index
86
Cost index
86
Rent pressure
54
Opportunity
92

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