Chicago vs New York City: Cost of Living, Taxes, Laws
Chicago
Illinois state data
High tax burden · COL index 92
Wins 6 categories
New York City
New York state data
High tax burden · COL index 139
Wins 6 categories
Data reflects Illinois vs New York state-level figures. City-specific data coming soon.
Chicago sits in Illinois, which has flat 4.95% income tax, 5th highest property tax, median home $275K. New York City sits in New York, which has income tax up to 10.9%, 11th highest property tax, median home $470K. Illinois costs a median household about $2,000 a year less in state and local taxes than New York, mostly because property tax on a median home runs $4,758 a year against $6,580 in New York. Read the full Illinois vs New York comparison.
Taxes
Housing & Cost of Living
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Healthcare
Education
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Utilities & Daily Costs
Social Policy
Category wins
6
Chicago
6
New York City
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