Cost of Living · 2026

Chicago, IL

Metro population: 9.6M

Monthly take-home

$4,786

on $75K, single filer

2-BR rent (HUD FMR)

$1,781

per month

Median home value

$325,000

+4.1% year-over-year

Left after rent

$3,005

per month on $75K

Food costs (index, 100 = national avg)

98

Groceries

105

Dining out

On a $75,000 salary in Chicago, you take home about $4,786 per month after federal and state taxes. A typical two-bedroom apartment runs $1,781 per month based on HUD fair market rents, leaving you with roughly $3,005 for everything else. If you are looking to buy, the median home in the Chicago metro is valued at $325,000. These numbers use 2026 tax brackets and official government data sources. Use them as a starting point, not financial advice.

Compare Chicago with other cities

Data from IRS, HUD, BLS, and Zillow. Last updated March 2026.