Is Chicago or New York more affordable?
Chicago has a median rent of $1,209/month, while New York is -$666,666,666/month. New York is more affordable for renters.
City comparison
Chicago, IL vs New York, NY
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Chicago and New York.
1
Chicago wins
of 5 metrics
tracked
3
New York wins
IL
Chicago
vs
NY
New York
Overview
2,742,119
Population
353
$65,781
Median Income
+61.8%$106,420✓
Cost of Living
$1,209
Median Rent / mo
-55142090.6%-$666,666,666✓
$277,600
Median Home Price
-42.8%$158,900✓
22%
Rent-to-Income %
-7517384%
Taxes
4.95%✓
State Income Tax
10.90%
0.00%
Local Tax Rate
0.00%
Climate & Weather
54.12°F
Avg High Temp
46.99°F
49.03°F
Avg Low Temp
42.17°F
N/A
Sunny Days / Year
N/A
N/A
Annual Rainfall
N/A
Who should choose
Chicago, IL
Chicago is a city in Illinois with a population of 2,742,119.
Read full Chicago guide →Who should choose
New York, NY
New York is a city in New York with a population of 353.
Read full New York guide →Chicago vs New York — Common Questions
Which city has lower taxes — Chicago or New York?
Illinois has a 4.95% state income tax. New York has a 10.90% state income tax. Chicago wins on state income tax.
What is the weather difference between Chicago and New York?
Avg high in Chicago: 54.12°F. Avg high in New York: 46.99°F
Which city is better for families — Chicago or New York?
Chicago. New York. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.