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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 2024, 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 165
-20%
Cost of Living Index 91 vs 114
20% lower than Chicago
Population 41,153
-19%
Cost of Living Index 93 vs 114
19% lower than Chicago
Population 5,403
-18%
Cost of Living Index 93 vs 114
18% lower than Chicago
Population 45,607
-18%
Cost of Living Index 94 vs 114
18% lower than Chicago
Population 36,917
-18%
Cost of Living Index 94 vs 114
18% lower than Chicago
Population 20,571
-17%
Cost of Living Index 94 vs 114
17% lower than Chicago
Population 26,366
-16%
Cost of Living Index 95 vs 114
16% lower than Chicago
Population 35,417
-16%
Cost of Living Index 95 vs 114
16% lower than Chicago
Population 73,519
-16%
Cost of Living Index 96 vs 114
16% lower than Chicago
Population 20,439
-15%
Cost of Living Index 97 vs 114
15% lower than Chicago
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