What salary do you need to live in Chicago?
Chicago is one of the favorite destinations for Hispanic American immigrants, however, it is also known for being a very expensive city, that is why we will tell you What salary do you need to live in Chicago?
In spite of being a very expensive city, the minimum hourly wage in Chicago is approximately 15 dollars, therefore, in spite of being quite expensive, you will be able to live quite well if you get a job that offers you what you need to live.
Learn all about Chicago’s pro and cons: What are the pros and cons of living in Chicago?
Here’s all you need to know about What salary do you need to live in Chicago
If you want to know What salary do you need to live in Chicago read on:
Housing
To know What salary do you need to live in Chicago, the first thing you need to know is how much is the average cost of rent in Chicago.
If you want to rent an apartment with three rooms you will have to pay approximately 1630 dollars per month, if you do not have the money to pay for such an apartment, you have the option of renting only one room (living in a shared apartment), so you will spend approximately 600 dollars in rent.
In addition to the rent, you will have to pay for basic utilities, such as water, gas and electricity, the price of which is around $130 to $180.
All this leads us to conclude that housing in Chicago is 22% more expensive than in other cities in Illinois.
Food
Another way to measure What salary do you need to live in Chicago ? Is by taking into account the cost of food in the windy city.
In Chicago you spend around $320 on food, this is mainly because the price of products in supermarkets are quite expensive.
For example, on 1.5 liter of water you spend 1.94$ , kg of cheese costs about 10.96$, milk 0.80$, kg of beef 11.83$, white rice 3.84$, 1 kg of tomatoes 3.89$, 1kg of apples 4.39$ and beer (0.5liters) 3.09$ .
Find out how good it is to live in Chicago: What are the pros and cons of living in Chicago?
Eating in a restaurant is also expensive and in Chicago you will not spend less than 15$ to eat in the street and even up to 30 or 45$ to eat in a standard place in the city.
Transportation
The transportation service in Chicago is very well structured and quite expensive, according to studies, Chicago residents pay up to 240 dollars to move around the city (this amount includes car maintenance, insurance, gasoline and use of public transportation).
Telephony
In Chicago a plan that includes unlimited messages and calls, plus 15 GB to surf the Internet, has an approximate cost of 15 to 30 dollars.
On the other hand, if you want internet where you live you will have to pay between 55 to 65 dollars per month.
Do you know how to get a job in Chicago?
If you want to live in Chicago, besides knowing What salary do you need to live in Chicago, it is necessary that you know what the labor market is like. First of all, it is important to point out that the windy city is a city that does not live on tourism like Las Vegas, so there are not many jobs in hotels and restaurants.
However, the labor market in Chicago for skilled jobs is quite high, so you will surely get a job if you specialize in the engineering area or in the administrative sector.
It should also be noted that the salaries in this city are very good, and you could earn up to 40,000 dollars a year and the minimum wage per year is around 11 to 13 dollars.
That’s Chicago: Is Chicago a nice city to live in?
So what salary do you need to live in Chicago? To live in Chicago well, you will need to earn between 2,180 to 2560 dollars per month, so living in the windy city is 16% more expensive than in other cities in Illinois.
