Cost Of Living 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.
Real Estate in Chicago - Chicago real estate has
progressively been on a downward spiral, especially this quarter.
And this is consistent with pretty much everywhere across the
United States. This makes Chicago a buyers market right
now and this should continue through the end of this year
and possible through the first quarter of next year. Currently,
Median housing prices (Which means homes in the 50th percentile)
are at around $310,000 and dropping. As far as finding real
estate on the outskirts of Chicago look no further than Lake
Zurich which is around 25 miles away from the windy city.
Chicago Apartments - The average studio
apartment rental ranges from $600-$1200, rent for a
one bedroom is $750 to $2000 and
a two bedroom ranges from $950 to
$2500. Read
More
Other Chicago
Cost of living Stats
Median Household income - $63,000
Electricity - 8.38 cent per KWH
Gasoline - $2.65 / 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%
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