Uprootmap

Minneapolis, MNChicago, IL

Moving to Chicago costs you $385 a month

−$4,620 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Monthly and annual budget comparison between Minneapolis, MN and Chicago, IL
Per monthMinneapolisChicagoDifference
Gross pay$8,250$8,172−$78
Income and payroll tax$2,186$2,117−$69
Take-home pay$6,064$6,055−$9
Rent$1,369$1,828+$459
Getting around$504$392−$112
Groceries$400$408+$8
Healthcare$450$459+$9
Utilities$250$255+$5
Everything else$350$357+$7
Left over$2,741$2,356−$385

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

$105,000

Household gross, versus $99,000 today. That's the salary that leaves you exactly as much at the end of the month as Minneapolis does now.

The tax difference alone

+$552

A year, in state and local income tax. Effective rates: 26.5% in Minneapolis, 25.9% in Chicago.

Minneapolis, MN in full

Strong wages, good bones, and a January that averages 9°F at night.

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.

ChicagoMinneapolis

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.