Cost of Living: New York, NY vs Joliet, IL (2026)

New York

New York
166
VS

Joliet

Illinois
88

New York is 89% more expensive than Joliet.

$1,779/mo ↑ 44%
Median Rent
$1,237/mo ↓ 30%
$79,713/yr ↓ 9%
Median Income
$88,026/yr ↑ 10%
$751,700 ↑ 202%
Home Value
$248,600 ↓ 67%
$1,837/mo ↑ 25%
Owner Costs
$1,472/mo ↓ 20%
8,516,202
Population
149,785

Tax Comparison

10.9%
Income Tax
4.95%
4.0%
State Sales Tax
6.25%
1.62%
Property Tax
2.07%

Affordability

26.8%
rent-to-income
Affordability
16.9%
rent-to-income

Detailed Comparison

When comparing New York, NY and Joliet, IL, the overall cost of living indices are 166 and 88 respectively (national median = 100). Rent is $542/month cheaper in Joliet, saving renters about $6,504/year.

Median household income is $8,313/year higher in Joliet. Home values also differ significantly — the median in New York is $751,700 compared to $248,600 in Joliet.

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

Frequently Asked Questions

New York vs Joliet — common questions

Is New York or Joliet cheaper to live in?
Based on our cost index, Joliet is cheaper to live in with an index of 88 compared to 166 (US average = 100).
What is the rent difference between New York and Joliet?
Median rent in New York is $1,779/month and in Joliet it's $1,237/month — a difference of $542/month.
Which city has higher income, New York or Joliet?
Median household income is $79,713 in New York and $88,026 in Joliet. Median household income is $8,313/year higher in Joliet.
How do taxes compare between New York and Illinois?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to New York or Joliet?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while Joliet has a cost index of 88 with rent of $1,237/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View Joliet details →

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