U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 05-15-2012, 08:36 PM
 
Location: Chicago
4,291 posts, read 5,806,695 times
Reputation: 2239
Quote:
Originally Posted by ashley010 View Post
Between $25-$35 per hour stand 40 hour work week. Wats a good base line for an hourly or salary to live comfortably in Chicago?
If you are in your twenties and are not drowning in student loan debt, 40 - 50k is plenty to live in a trendier neighborhood and still be able to enjoy the amenities of the city.
Reply With Quote Quick reply to this message

 
Old 05-15-2012, 08:38 PM
 
578 posts, read 372,009 times
Reputation: 627
Chicagos great. Every city has its issues but I am happiest here. Lived in the west and southeast. I'll take winter!
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 08:40 PM
 
Location: Chicago
1,834 posts, read 2,688,521 times
Reputation: 756
Quote:
Originally Posted by ashley010 View Post
Between $25-$35 per hour stand 40 hour work week. Wats a good base line for an hourly or salary to live comfortably in Chicago?
If I remember correctly there are 2080 hours in a year, which would get you about 62k a year. 62k a year, you can get a decent 1br condo in just about any neighborhood, go out to eat a few times a week, drink beer from glass bottles, and even save a few bucks (as long as you dont have any large expenses or debt). I have plenty of friends that make 40s and while they cant drink 18yo scotch everything, seem to live comfortably.
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 09:11 PM
 
Location: where people are either too stupid to leave or too stuck to move
3,999 posts, read 2,458,928 times
Reputation: 3450
Quote:
Originally Posted by linicx View Post
Can you afford, say, $2000 a month for rent, utilities, food, entertainment and mass transit pass?
sounds like nyc
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 09:13 PM
 
483 posts, read 411,187 times
Reputation: 342
Do it. Sell your car and embrace real city living.
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 09:15 PM
 
7,477 posts, read 5,110,043 times
Reputation: 2972
Quote:
Originally Posted by long101 View Post
If I remember correctly there are 2080 hours in a year, which would get you about 62k a year. 62k a year, you can get a decent 1br condo in just about any neighborhood, go out to eat a few times a week, drink beer from glass bottles, and even save a few bucks (as long as you dont have any large expenses or debt). I have plenty of friends that make 40s and while they cant drink 18yo scotch everything, seem to live comfortably.
I agree. You can live very comfortably here on $60K.
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 09:28 PM
 
Location: Chicago - near NW
2,809 posts, read 1,744,306 times
Reputation: 1631
Quote:
Originally Posted by linicx View Post
Can you afford, say, $2000 a month for rent, utilities, food, entertainment and mass transit pass?
I think the majority of Chicago gets by with less than that.
Reply With Quote Quick reply to this message
 
Old 05-15-2012, 09:45 PM
 
Location: Chicago, IL
10,768 posts, read 6,503,974 times
Reputation: 3734
Quote:
Originally Posted by ashley010 View Post
Between $25-$35 per hour stand 40 hour work week. Wats a good base line for an hourly or salary to live comfortably in Chicago?
$25/hour comes to $52,000 a year. It all depends on if you own a car, how much debt you have, if you have 401k, how much health insurance costs, if your company allows you to buy stock options with every paycheck, etc. If you don't own a car, and don't have a ton of debt or anything, $52k is plenty. People live here comfortably with way less, but they might not live downtown or anything.

If you make in the middle of that, or $62,400 a year, I bet you'd make out with at least $3700 a month after EVERYTHING if you contributed to 401k, stock options, health/dental insurance, etc. and federal/state taxes.

That's more than enough to live comfortably in almost any neighborhood here depending on your other debts.
Reply With Quote Quick reply to this message
 
Old 05-16-2012, 06:45 AM
 
Location: Elgin, IL
1,735 posts, read 1,785,515 times
Reputation: 1121
Houston would be my idea of hell. If you've survived North Dakota winters, you'll do just fine here.
Reply With Quote Quick reply to this message
 
Old 05-16-2012, 06:46 AM
 
Location: Uptown
1,521 posts, read 1,137,254 times
Reputation: 1236
Quote:
Originally Posted by It'sAutomatic View Post
I think the majority of Chicago gets by with less than that.
$2000 a month is a sub 40k salary
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $79,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago
Similar Threads

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top