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City 2:

๐Ÿ’ก Smart Analysis

Comparing Miami and Chicago: Average gross pay is 4% higher in Chicago. Cost of living is 5% cheaper in Chicago. With higher take-home and lower expenses, Chicago is a more financially comfortable place to live with an affordability score of 6.5/10 compared to 6.4/10.

Category Comparison
๐Ÿ‡บ๐Ÿ‡ธ
Miami
๐Ÿ‡บ๐Ÿ‡ธ
Chicago

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$116,000/yr
$121,000/yr
HIGHER
Junior Developer Pay
$68,000
$71,000
Mid-Level Developer Pay
$100,000
$106,000
Senior Developer Pay
$148,000
$157,000
Lead / Architect Pay
$186,000
$196,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$2,200
$1,900
Rent โ€” Suburbs (1 Bed)
$1,400
$1,200
Groceries (Monthly)
$500
$500
Public Transport Pass
$100
$105
Utilities (Electricity, Internet)
$250
$240
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$4,235/mo
$4,023/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
0%
25%
Social Security Deduction
8%
8%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$7,166/mo
$5,918/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
6.4
6.5
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
$2,931/mo
$1,895/mo
Months to Save $10,000
~3 months
~5 months
๐Ÿ‡บ๐Ÿ‡ธ Complete Miami Breakdown & Charts โ†’ ๐Ÿ‡บ๐Ÿ‡ธ Complete Chicago Breakdown & Charts โ†’