Cost of Living: Greenwood, IN vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Greenwood, IN versus $4,227/mo in Chicago, IL. In the model, rent is about 18.24% of gross in Greenwood, IN versus 20.28% in Chicago, IL, so Greenwood, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Greenwood, IN and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Greenwood, IN
- Lower home prices: Chicago, IL
- Higher median household income: Greenwood, IN
Cost of Living Index
Greenwood, IN: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Greenwood, IN, so a given salary generally stretches further there.
Median Rent
Greenwood, IN: $1,190/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $133/mo higher than in Greenwood, IN.
Median Home Price
Greenwood, IN: $248,700 · Chicago, IL: $147,800
Median home price in Greenwood, IN is $100,900 higher than in Chicago, IL.
Median Household Income
Greenwood, IN: $78,765 · Chicago, IL: $56,815
Greenwood, IN has a higher median household income than Chicago, IL by $21,950.
Greenwood, IN overview · Chicago, IL overview · Popular comparisons