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Originally Posted by mickey mouse is dead
Wow….thanks for all the responses…it seems like Chicagoans really love their city and are really welcoming (in the Atlanta and Austin forums all I got was "the traffic is horrendous" or "don't come here, is getting too crowded already")….thanks for the pictures, that was awesome, they were beautiful….I did not know that Chicago had beaches, that sure is a plus…About the economy, I read the press release and it looks like it is very diversified, and I guess that makes for good jobs opportunities. How about affordability? I have heard and read that Chicago is, for a world city, relatively not that expensive. What income should I have to afford maybe a 1500 square feet house, and still have money left for basic needs and social activities?
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As a world city Chicago is definitely more lower in cost than many others. Are you looking to buy a condo or rent? Something close to the lake in the city, or are you fine being farther out? I would say live in the heart of the city, Lakeview, Lincoln Park, Logan Square, Wicker Park. The option of having the trains and busses present opens up the city far more than relying on your car or the commuter system every time you want to do something "in the city".
Average rent for 1 bedroom is around $1,000 to $1,200 a month for a decent, no thrills, apartment in a very nice neighborhood. I know new 1-2 bedroom condos are in the 300's to 400's up on the north side.
I make roughly $65,000 a year and can easily afford my 1-bedroom apartment with heat/air conditioning/dishwasher/balcony. I don't find the city to be very expensive unless you lead an expensive lifestyle. That seems to be the key - a larger city with more activities = more things to spend your money on.
It's a massively large and diverse area though as far as the living conditions in different neighborhoods. You can find anything you want to fit any budget - it all depends on if it's what you personally want.