Cost of Living: McDonough, GA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in McDonough, GA versus $4,227/mo in Chicago, IL. In the model, rent is about 22.97% of gross in McDonough, GA 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 McDonough, GA 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: McDonough, GA
Cost of Living Index
McDonough, GA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than McDonough, GA, so a given salary generally stretches further there.
Median Rent
McDonough, GA: $1,498/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in McDonough, GA is $175/mo higher than in Chicago, IL.
Median Home Price
McDonough, GA: $285,800 · Chicago, IL: $147,800
Median home price in McDonough, GA is $138,000 higher than in Chicago, IL.
Median Household Income
McDonough, GA: $77,734 · Chicago, IL: $56,815
McDonough, GA has a higher median household income than Chicago, IL by $20,919.
McDonough, GA overview · Chicago, IL overview · Popular comparisons