Cost of Living: Simi Valley, CA vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Simi Valley, CA versus $4,227/mo in Chicago, IL. In the model, rent is about 36.62% of gross in Simi Valley, CA 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 Simi Valley, CA 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: Simi Valley, CA
Cost of Living Index
Simi Valley, CA: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Simi Valley, CA, so a given salary generally stretches further there.
Median Rent
Simi Valley, CA: $2,388/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Simi Valley, CA is $1,065/mo higher than in Chicago, IL.
Median Home Price
Simi Valley, CA: $753,500 · Chicago, IL: $147,800
Median home price in Simi Valley, CA is $605,700 higher than in Chicago, IL.
Median Household Income
Simi Valley, CA: $117,703 · Chicago, IL: $56,815
Simi Valley, CA has a higher median household income than Chicago, IL by $60,888.
Simi Valley, CA overview · Chicago, IL overview · Popular comparisons