Cost of Living: Owensboro, KY vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Owensboro, KY versus $4,227/mo in Chicago, IL. In the model, rent is about 13.11% of gross in Owensboro, KY versus 20.28% in Chicago, IL, so Owensboro, KY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Owensboro, KY and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Owensboro, KY
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
Owensboro, KY: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Owensboro, KY, so a given salary generally stretches further there.
Median Rent
Owensboro, KY: $855/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $468/mo higher than in Owensboro, KY.
Median Home Price
Owensboro, KY: $162,900 · Chicago, IL: $147,800
Median home price in Owensboro, KY is $15,100 higher than in Chicago, IL.
Median Household Income
Owensboro, KY: $53,295 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Owensboro, KY by $3,520.
Owensboro, KY overview · Chicago, IL overview · Popular comparisons