Cost of Living: North Miami, FL vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in North Miami, FL versus $4,227/mo in Chicago, IL. In the model, rent is about 22.49% of gross in North Miami, FL 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 North Miami, FL 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: Chicago, IL
Cost of Living Index
North Miami, FL: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than North Miami, FL, so a given salary generally stretches further there.
Median Rent
North Miami, FL: $1,466/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in North Miami, FL is $143/mo higher than in Chicago, IL.
Median Home Price
North Miami, FL: $326,300 · Chicago, IL: $147,800
Median home price in North Miami, FL is $178,500 higher than in Chicago, IL.
Median Household Income
North Miami, FL: $51,909 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than North Miami, FL by $4,906.
North Miami, FL overview · Chicago, IL overview · Popular comparisons