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City Comparison · 2026

Jersey City vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Jersey City = $78k in Chicago

Metric
Jersey City
Chicago
COL Index
1.78
1.38
1BR Monthly Rent
$2,800/mo
$2,000/mo
2BR Monthly Rent
$3,600/mo
$2,600/mo
State Income Tax
NJ
IL
$100k Take-Home
$74,492
$73,786
$100k Effective Rate
25.51%
26.21%
$100k Savings Potential
$40,892
$49,786

After-Tax Income by Salary

Gross SalaryJersey City
NJ
Chicago
IL
$60,000$48,425
$4,035/mo · 19.29% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$74,492
$6,208/mo · 25.51% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$105,849
$8,821/mo · 29.43% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Jersey City or Chicago cheaper to live in?

Jersey City has a cost-of-living index of 1.78 while Chicago is 1.38 (1.00 = US average). Chicago is cheaper overall. 1BR rent in Jersey City is $2,800/month vs $2,000/month in Chicago.

How much more do you need to earn in Jersey City vs Chicago?

$100k in Jersey City = $78k in Chicago. Cost of living in Chicago is lower by 22.5%.

Which city has better after-tax income — Jersey City or Chicago?

On a $100,000 salary, you take home $74,492 in NJ (Jersey City) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $40,892 in Jersey City vs $49,786 in Chicago.