Cost of Living: Albany, GA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Albany, GA versus $4,227/mo in Chicago, IL. In the model, rent is about 13.08% of gross in Albany, GA versus 20.28% in Chicago, IL, so Albany, GA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Albany, GA and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Albany, GA
- Lower home prices: Albany, GA
- Higher median household income: Chicago, IL
Cost of Living Index
Albany, GA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Albany, GA, so a given salary generally stretches further there.
Median Rent
Albany, GA: $853/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $470/mo higher than in Albany, GA.
Median Home Price
Albany, GA: $118,700 · Chicago, IL: $147,800
Median home price in Chicago, IL is $29,100 higher than in Albany, GA.
Median Household Income
Albany, GA: $45,201 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Albany, GA by $11,614.
Albany, GA overview · Chicago, IL overview · Popular comparisons