Cost of Living: Fair Lawn borough, NJ vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Fair Lawn borough, NJ versus $4,227/mo in Chicago, IL. In the model, rent is about 27.81% of gross in Fair Lawn borough, NJ versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Fair Lawn borough, NJ and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Fair Lawn borough, NJ
Cost of Living Index
Fair Lawn borough, NJ: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Fair Lawn borough, NJ, so a given salary generally stretches further there.
Median Rent
Fair Lawn borough, NJ: $1,813/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Fair Lawn borough, NJ is $490/mo higher than in Chicago, IL.
Median Home Price
Fair Lawn borough, NJ: $532,700 · Chicago, IL: $147,800
Median home price in Fair Lawn borough, NJ is $384,900 higher than in Chicago, IL.
Median Household Income
Fair Lawn borough, NJ: $147,952 · Chicago, IL: $56,815
Fair Lawn borough, NJ has a higher median household income than Chicago, IL by $91,137.
Fair Lawn borough, NJ overview · Chicago, IL overview · Popular comparisons