Cost of Living: Lafayette, CO vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,259/mo in Lafayette, CO versus $4,227/mo in Chicago, IL. In the model, rent is about 29.76% of gross in Lafayette, CO versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lafayette, CO and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Lafayette, CO
Cost of Living Index
Lafayette, CO: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Lafayette, CO, so a given salary generally stretches further there.
Median Rent
Lafayette, CO: $1,940/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Lafayette, CO is $617/mo higher than in Chicago, IL.
Median Home Price
Lafayette, CO: $647,600 · Chicago, IL: $147,800
Median home price in Lafayette, CO is $499,800 higher than in Chicago, IL.
Median Household Income
Lafayette, CO: $110,431 · Chicago, IL: $56,815
Lafayette, CO has a higher median household income than Chicago, IL by $53,616.
Lafayette, CO overview · Chicago, IL overview · Popular comparisons