Chicago, IL vs Jersey City, NJ: 100 vs 148

$1,380/mo ↓ 27%

Median Rent

$1,902/mo ↑ 38%

$75,134/yr ↓ 21%

Median Income

$94,813/yr ↑ 26%

$315,200 ↓ 41%

Home Value

$534,500 ↑ 70%

$1,502/mo ↓ 25%

Owner Costs

$2,006/mo ↑ 34%

2,707,648

Population

289,691

Detailed Comparison

When comparing Chicago, IL and Jersey City, NJ, the overall cost of living indices are 100 and 148 respectively (national median = 100). Rent is $522/month cheaper in Chicago, saving renters about $6,264/year.

Median household income is $19,679/year higher in Jersey City. Home values also differ significantly — the median in Chicago is $315,200 compared to $534,500 in Jersey City.

Illinois has a lower income tax rate, making Chicago slightly more tax-friendly.

Frequently Asked Questions

Chicago vs Jersey City — common questions

Is Chicago or Jersey City cheaper to live in?

Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 148 (US average = 100).

What is the rent difference between Chicago and Jersey City?

Median rent in Chicago is $1,380/month and in Jersey City it's $1,902/month — a difference of $522/month.

Which city has higher income, Chicago or Jersey City?

Median household income is $75,134 in Chicago and $94,813 in Jersey City. Median household income is $19,679/year higher in Jersey City.

How do taxes compare between Illinois and New Jersey?

Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.

Should I move to Chicago or Jersey City?

It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Jersey City has a cost index of 148 with rent of $1,902/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Chicago, IL vs Jersey City, NJ (2026)

Chicago

Jersey City

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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