What does housing cost in Chicago in 2026?

Housing in Chicago runs to about €1,180 per month for a reference home of 45 m².

What is the average rent in Chicago?

Asking rent in Chicago stands at 1,380 €/month.

What are property prices in Chicago?

To buy in Chicago, expect 315,200 €.

Cost of Living in Chicago, 2026: Rent, Groceries, Transport

Cost of living in Chicago — 2026

Chicago has 2,707,648 residents and lies in Illinois. Median rent there comes to roughly €1,180 per month in 2026. To buy, expect 269,425 €. Median income is 64,223 €/year, meaning reference rent absorbs about 22% of monthly income.

Cost of living in Chicago

Rent

Median rent: 1,180 €/month

Buy

Median home value: 269,425 €

Income

Median household income: 64,223 €/year

Local taxes

Median property tax paid: 4,115 €/year

Quality of life — Chicago

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

29 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

16,5 %

Cities near Chicago

Compare with neighbouring towns

Cicero6 km Berwyn9 km Oak Park10 km Oak Lawn15 km Skokie23 km Evanston23 km Des Plaines28 km Orland Park29 km

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Chicago vs Cicero Chicago vs Berwyn Chicago vs Oak Park Chicago vs Oak Lawn

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