Cost of Living: McMinnville, OR vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,006/mo in McMinnville, OR versus $4,227/mo in Chicago, IL. In the model, rent is about 18.81% of gross in McMinnville, OR versus 20.28% in Chicago, IL, so McMinnville, OR tends to feel more affordable for rent.

Take-home in McMinnville, OR
$4,006/mo
Income level: near
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in McMinnville, OR
18.81%
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 McMinnville, OR and Chicago, IL.

At a glance

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

Cost of Living Index

McMinnville, OR: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

McMinnville, OR: $1,226/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $97/mo higher than in McMinnville, OR.

Median Home Price

McMinnville, OR: $391,100 · Chicago, IL: $147,800

Median home price in McMinnville, OR is $243,300 higher than in Chicago, IL.

Median Household Income

McMinnville, OR: $70,060 · Chicago, IL: $56,815

McMinnville, OR has a higher median household income than Chicago, IL by $13,245.

McMinnville, OR overview · Chicago, IL overview · Popular comparisons