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Most Affordable Neighborhoods In Chicago, IL

Looking for a fresh start in a new Chicago neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Chicago for 2022, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 7,361
-24%
Cost of Living Index 84 vs 111
24% lower than Chicago
Population 25,858
-18%
Cost of Living Index 91 vs 111
18% lower than Chicago
Population 14,598
-15%
Cost of Living Index 94 vs 111
15% lower than Chicago
Population 27,113
-15%
Cost of Living Index 94 vs 111
15% lower than Chicago
Population 2,348
-15%
Cost of Living Index 94 vs 111
15% lower than Chicago
Population 2,423
-15%
Cost of Living Index 94 vs 111
15% lower than Chicago
Population 30,662
-15%
Cost of Living Index 95 vs 111
15% lower than Chicago
Population 6,565
-15%
Cost of Living Index 95 vs 111
15% lower than Chicago
Population 30,760
-14%
Cost of Living Index 95 vs 111
14% lower than Chicago
Population 11,871
-14%
Cost of Living Index 95 vs 111
14% lower than Chicago