salaryMontgomery is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Montgomery to live the same way.
🏠 Rent per month
$1,983
$1,304
🛏️ 2-bedroom rent
$1,622
$1,085
💵 Families earn per year
$84,017
$61,271
🔑 Buying a house
$334,100
$161,900
📊 Overall prices (U.S. = 100)
103.6
89.7
🏛️ Property tax per year
$4,943
$643
⚡ Electric bill per month
$90
$185
👥 People living there
2,711,226
197,494
Commute to work
33.1 min
20.7 min
College degree
44.3%
33.8%
Own their home
46%
54.4%
Below poverty line
16.8%
21.5%
Unemployment
8%
6.4%
Bottom line
- Pick Chicago for higher incomes, a more educated workforce, less poverty.
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Chicago | Montgomery | Difference |
|---|---|---|---|
| Police Officer | $107,810 | $48,490 | -55% in Montgomery |
| Electrician | $102,350 | $49,910 | -51% in Montgomery |
| Plumber | $103,380 | $57,960 | -44% in Montgomery |
| Carpenter | $80,440 | $47,360 | -41% in Montgomery |
| Firefighter | $82,820 | $48,780 | -41% in Montgomery |
| Dental Hygienist | $100,260 | $60,120 | -40% in Montgomery |
| HVAC Technician | $77,960 | $48,680 | -38% in Montgomery |
| Licensed Practical Nurse | $78,070 | $55,410 | -29% in Montgomery |
Frequently asked questions
Is Chicago or Montgomery cheaper to live in?
Montgomery is about 13% cheaper overall. Rent is $1,304 a month there versus $1,983 in Chicago.
What salary do I need in Montgomery to match $60,000 in Chicago?
About $51,942 a year gives the same standard of living in Montgomery.
Where do people earn more, Chicago or Montgomery?
The typical household earns $84,017 in Chicago and $61,271 in Montgomery, 37% more in Chicago.