Cost of Living: Woonsocket, RI vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Woonsocket, RI versus $4,227/mo in Chicago, IL. In the model, rent is about 16.27% of gross in Woonsocket, RI versus 20.28% in Chicago, IL, so Woonsocket, RI tends to feel more affordable for rent.

Take-home in Woonsocket, RI
$4,167/mo
Income level: above
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Woonsocket, RI
16.27%
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 Woonsocket, RI and Chicago, IL.

At a glance

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

Cost of Living Index

Woonsocket, RI: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Woonsocket, RI: $1,061/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $262/mo higher than in Woonsocket, RI.

Median Home Price

Woonsocket, RI: $268,000 · Chicago, IL: $147,800

Median home price in Woonsocket, RI is $120,200 higher than in Chicago, IL.

Median Household Income

Woonsocket, RI: $58,614 · Chicago, IL: $56,815

Woonsocket, RI has a higher median household income than Chicago, IL by $1,799.

Woonsocket, RI overview · Chicago, IL overview · Popular comparisons