Cost of Living: Holyoke, MA vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Holyoke, MA versus $4,227/mo in Chicago, IL. In the model, rent is about 14.81% of gross in Holyoke, MA versus 20.28% in Chicago, IL, so Holyoke, MA tends to feel more affordable for rent.

Take-home in Holyoke, MA
$4,224/mo
Income level: above
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Holyoke, MA
14.81%
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 Holyoke, MA and Chicago, IL.

At a glance

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

Cost of Living Index

Holyoke, MA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Holyoke, MA: $966/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $357/mo higher than in Holyoke, MA.

Median Home Price

Holyoke, MA: $255,300 · Chicago, IL: $147,800

Median home price in Holyoke, MA is $107,500 higher than in Chicago, IL.

Median Household Income

Holyoke, MA: $51,892 · Chicago, IL: $56,815

Chicago, IL has a higher median household income than Holyoke, MA by $4,923.

Holyoke, MA overview · Chicago, IL overview · Popular comparisons