Relocation: New York-Newark, NY-NJ to Chicago Metro, IL-IN
Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
Income tax, HUD Fair Market Rents and EPI living costs for a move from New York-Newark-Jersey City, NY-NJ to Chicago-Naperville-Elgin, IL-IN.
Interactive Purchasing Power Equivalency Workbench
Adjust your current salary at origin to dynamically compute the statutory tax burden, housing costs, and discretionary cash in both markets.
New York-Newark-Jersey City, NY-NJ
Chicago-Naperville-Elgin, IL-IN
Itemized Cost of Living Expenditure Arbitrage
Category-by-category breakdown of monthly baseline consumption between origin and destination.
| Expenditure Category | New York-Newark-Jersey City (Monthly) | Chicago-Naperville-Elgin (Monthly) | Monthly Delta ($) | Difference (%) |
|---|---|---|---|---|
| Housing (1BR Fair Market Rent) | $2,729 | $1,780 | -$949 | -34.8% |
| Food & Groceries | $426 | $385 | -$41 | -9.6% |
| Transportation | $693 | $947 | +$254 | +36.7% |
| Healthcare | $748 | $416 | -$332 | -44.4% |
| Other Necessities | $879 | $572 | -$307 | -34.9% |
| Total Taxes (Federal, State, Local, FICA) | $2,427 | $2,135 | -$292 | -12.0% |
HUD Fair Market Rent Differential
EPI Living Wage Benchmark Comparison
Top Local Occupations Wage Parity
BLS median wage comparisons across benchmark roles between both metropolitan labor markets.
| Occupation Title | Industry Sector | New York-Newark-Jersey City Median | Chicago-Naperville-Elgin Median | Nominal Wage Delta | Action |
|---|---|---|---|---|---|
| General and Operations ManagersFinance & Management | Finance & Management | $157,000 | $109,390 | -$47,610 (-30.3%) | View Dossier |
| Registered Nurse (RN)Healthcare | Healthcare | $119,720 | $100,490 | -$19,230 (-16.1%) | View Dossier |
| Software EngineerTechnology | Technology | $166,830 | $134,380 | -$32,450 (-19.5%) | View Dossier |
| Accountant & AuditorFinance | Finance | $105,650 | $82,360 | -$23,290 (-22.0%) | View Dossier |
| Financial ManagerFinance | Finance | $221,010 | $168,810 | -$52,200 (-23.6%) | View Dossier |
| Management AnalystBusiness Operations | Business Operations | $124,390 | $105,090 | -$19,300 (-15.5%) | View Dossier |
| Project Management SpecialistBusiness Operations | Business Operations | $126,660 | $105,320 | -$21,340 (-16.8%) | View Dossier |
| Computer and Information Systems ManagersFinance & Management | Finance & Management | $215,300 | $173,760 | -$41,540 (-19.3%) | View Dossier |
| Marketing ManagersFinance & Management | Finance & Management | $192,840 | $165,340 | -$27,500 (-14.3%) | View Dossier |
| Financial AnalystFinance | Finance | $128,930 | $101,750 | -$27,180 (-21.1%) | View Dossier |
| Sales ManagersFinance & Management | Finance & Management | $215,150 | $158,690 | -$56,460 (-26.2%) | View Dossier |
| ElectricianSkilled Trades | Skilled Trades | $79,020 | $102,350 | +$23,330 (+29.5%) | View Dossier |
Major US Inter-Metro Relocation Corridors
Empirical cost differentials and statutory tax savings across high-volume migration routes.
On $100k: $8,301 less tax and $14,388 less 1BR rent a year
On $100k: $6,211 less tax and $17,676 less 1BR rent a year
On $100k: $4,805 less tax and $2,928 less 1BR rent a year
On $100k: $1,729 less tax and $19,884 less 1BR rent a year
On $100k: $4,113 less tax and $10,908 less 1BR rent a year
On $100k: $3,761 more tax and $4,188 less 1BR rent a year
On $100k: $1,299 less tax and $11,592 less 1BR rent a year
On $100k: $8,301 less tax and $7,296 less 1BR rent a year
New York-Newark-Jersey City, NY-NJ to Chicago-Naperville-Elgin, IL-IN Relocation FAQs
About $69,500. That scales $100,000 by the ratio of the metros' cost-of-living indexes (181.0 in New York-Newark-Jersey City, NY-NJ, 125.8 in Chicago-Naperville-Elgin, IL-IN, from EPI family budgets); taxes are compared separately below.
New York-Newark-Jersey City, NY-NJ to Chicago-Naperville-Elgin, IL-IN: State Paychecks, Rents & Reciprocal Corridor
New York-Newark-Jersey City, NY-NJ to Chicago-Naperville-Elgin, IL-IN: 2026 federal, state & local income tax, HUD Fair Market Rents & EPI living costs. Official 2026 economic data for Relocation: New York-Newark, NY-NJ to Chicago Metro, IL-IN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.
Quick answers
About $69,500. That scales $100,000 by the ratio of the metros' cost-of-living indexes (181.0 in New York-Newark-Jersey City, NY-NJ, 125.8 in Chicago-Naperville-Elgin, IL-IN, from EPI family budgets); taxes are compared separately below.
EPI's family budgets for a single adult put overall living costs 30.5% lower in Chicago-Naperville-Elgin, IL-IN than in New York-Newark-Jersey City, NY-NJ. The budgets cover housing, food, transportation, health care and other necessities.