Uprootmap

Madison, WIChicago, IL

Moving to Chicago costs you $247 a month

−$2,964 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Monthly and annual budget comparison between Madison, WI and Chicago, IL
Per monthMadisonChicagoDifference
Gross pay$7,792$8,181+$390
Income and payroll tax$1,933$2,120+$188
Take-home pay$5,859$6,061+$202
Rent$1,335$1,828+$493
Getting around$509$392−$117
Groceries$388$408+$20
Healthcare$437$459+$22
Utilities$243$255+$12
Everything else$340$357+$17
Left over$2,609$2,362−$247

To break even in Chicago, you'd need to earn

$102,500

Household gross, versus $93,500 today. That's the salary that leaves you exactly as much at the end of the month as Madison does now.

The tax difference alone

−$864

A year, in state and local income tax. Effective rates: 24.8% in Madison, 25.9% in Chicago.

Madison, WI in full

A university town with big-city wages and small-city commutes.

Chicago, IL in full

World-class city amenities at Midwest home prices, funded by 2.1% property tax.

The reverse move

Same two cities, but starting from Chicago on Chicago wages.

ChicagoMadison

Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.