Cost of Living: Georgetown, KY vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Georgetown, KY versus $4,227/mo in Chicago, IL. In the model, rent is about 17.47% of gross in Georgetown, KY versus 20.28% in Chicago, IL, so Georgetown, KY tends to feel more affordable for rent.

Take-home in Georgetown, KY
$4,254/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Georgetown, KY
17.47%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Georgetown, KY and Chicago, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Chicago, IL
  • Lower rent (median 1BR/2BR): Georgetown, KY
  • Lower home prices: Chicago, IL
  • Higher median household income: Georgetown, KY

Cost of Living Index

Georgetown, KY: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

Chicago, IL has a lower cost-of-living index than Georgetown, KY, so a given salary generally stretches further there.

Median Rent

Georgetown, KY: $1,139/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $184/mo higher than in Georgetown, KY.

Median Home Price

Georgetown, KY: $244,200 · Chicago, IL: $147,800

Median home price in Georgetown, KY is $96,400 higher than in Chicago, IL.

Median Household Income

Georgetown, KY: $78,373 · Chicago, IL: $56,815

Georgetown, KY has a higher median household income than Chicago, IL by $21,558.

Georgetown, KY overview · Chicago, IL overview · Popular comparisons