Cost of Living: Independence, MO vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Independence, MO versus $4,227/mo in Chicago, IL. In the model, rent is about 15.46% of gross in Independence, MO versus 20.28% in Chicago, IL, so Independence, MO tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Independence, MO and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Independence, MO
- Lower home prices: Chicago, IL
- Higher median household income: Independence, MO
Cost of Living Index
Independence, MO: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Independence, MO, so a given salary generally stretches further there.
Median Rent
Independence, MO: $1,008/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $315/mo higher than in Independence, MO.
Median Home Price
Independence, MO: $166,400 · Chicago, IL: $147,800
Median home price in Independence, MO is $18,600 higher than in Chicago, IL.
Median Household Income
Independence, MO: $59,480 · Chicago, IL: $56,815
Independence, MO has a higher median household income than Chicago, IL by $2,665.
Independence, MO overview · Chicago, IL overview · Popular comparisons