Cost of living in Chicago, IL

How far a $50k, $75k, or $100k salary really goes after taxes (2025-2026 estimates)

ⓘ Note: Cost figures are estimates for a single person based on 2025-2026 national and city rent market reports (Zumper, Realtor.com, RentCafe) and typical single-person budgets. Rent and costs vary widely by neighborhood and lifestyle. Take-home pay is calculated for a single filer using 2025-2026 tax brackets. Use our budget calculator for your own numbers.

Monthly take-home on $75,000 in Chicago, IL:

$4,767/mo

after federal & Illinois taxes · about $1,205 left after typical costs

Is $75,000 enough in Chicago, IL?

Here's a typical monthly budget for a single person earning $75,000 in Chicago, IL, based on estimated local costs:

ExpenseMonthly% of take-home
Rent (1BR)$1,95041%
Food & groceries$45910%
Transportation$3066%
Utilities$1844%
Health insurance$2555%
Phone, internet & other$4089%
Total costs$3,56275%
Left for savings/extra$1,20525%

Rent takes about 41% of take-home here. The common guideline is to keep housing under 30%.

$50k vs $75k vs $100k in Chicago, IL

SalaryMonthly take-homeEst. costsLeft overVerdict
$50,000$3,307$3,562-$255Difficult
$75,000$4,767$3,562$1,205Comfortable
$100,000$6,130$3,562$2,568Comfortable

Verdict reflects a single person: "Comfortable" = 20%+ of take-home left after core costs; "Tight" = positive but under that; "Difficult" = costs exceed take-home.

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