Cost of Living: Kokomo, 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 Kokomo, IN versus $4,227/mo in Chicago, IL. In the model, rent is about 13.35% of gross in Kokomo, IN versus 20.28% in Chicago, IL, so Kokomo, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Kokomo, IN and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Kokomo, IN
- Lower home prices: Kokomo, IN
- Higher median household income: Chicago, IL
Cost of Living Index
Kokomo, IN: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Kokomo, IN, so a given salary generally stretches further there.
Median Rent
Kokomo, IN: $871/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $452/mo higher than in Kokomo, IN.
Median Home Price
Kokomo, IN: $126,500 · Chicago, IL: $147,800
Median home price in Chicago, IL is $21,300 higher than in Kokomo, IN.
Median Household Income
Kokomo, IN: $54,195 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Kokomo, IN by $2,620.
Kokomo, IN overview · Chicago, IL overview · Popular comparisons