A $100,000 salary in Chicago leaves individuals with an average of $23,020 after various expenses, as per research by finance website GOBankingRates. Chicago ranks as the 13th-most expensive city among the 50 largest in the US. Taxes cut the $100,000 salary down to $73,259, with Illinois being among the least tax-friendly states. Key costs include rent ($24,538 annually), groceries ($5,543), healthcare ($5,148), utilities ($4,221), transportation ($9,722), and miscellaneous costs ($1,067). Chicago’s rent and transportation costs are notably high, but the city has lower than average utility costs.
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