Cost of Living: Ankeny, IA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Ankeny, IA versus $4,227/mo in Chicago, IL. In the model, rent is about 18.63% of gross in Ankeny, IA versus 20.28% in Chicago, IL, so Ankeny, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Ankeny, IA and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Ankeny, IA
- Lower home prices: Chicago, IL
- Higher median household income: Ankeny, IA
Cost of Living Index
Ankeny, IA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Ankeny, IA, so a given salary generally stretches further there.
Median Rent
Ankeny, IA: $1,215/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $108/mo higher than in Ankeny, IA.
Median Home Price
Ankeny, IA: $311,300 · Chicago, IL: $147,800
Median home price in Ankeny, IA is $163,500 higher than in Chicago, IL.
Median Household Income
Ankeny, IA: $106,603 · Chicago, IL: $56,815
Ankeny, IA has a higher median household income than Chicago, IL by $49,788.
Ankeny, IA overview · Chicago, IL overview · Popular comparisons