Is Chicago, IL a Good Place to Live in 2024?

What Is Chicago, IL Known For?

Chicago is positioned in the Midwest, along the southwestern shore of Lake Michigan. Famed for improvisational comedy, Chicago also boasts a tapestry of music genres like blues and jazz. Residents value their sports teams deeply, while the skyline teems with architectural wonders. The city's food, especially deep-dish pizza and hot dogs, is integral to the local culture.

The city, traditionally leaning liberal, is a rich tapestry of racial backgrounds, from African American communities on the South Side to diverse Latin enclaves. LGBTQ+ communities are well-established and active, particularly in neighborhoods like Boystown.

Retirees will find a range of cozy communities near Lake Michigan. Couples can explore the city's arts scene, including theaters and galleries. Families benefit from numerous parks and unique, specialized schools. Students can tap into the rich academic culture and library networks. Singles enjoy a vibrant nightlife with options ranging from upscale lounges to dive bars. Individuals of varied beliefs and genders will find respective communities that are active and welcoming.

Highlights

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Pros and Cons

The Pros of living in Chicago, IL, include architectural beauty, rich music scene, public transit, and more. While some Cons are around weather extremes, cost of living, and segregation.
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Safety and Crime

Chicago, IL is ranked 451st out of the top 500 most populated cities in the US for highest overall safety, is ranked 474th on safety from violent crime, and 363rd on safety from property crime.
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Cost of Living

Compared to the rest of the US, the cost of living in Chicago, IL is 7% higher than the national average.
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Discretionary Income

A gross annual salary of $80,000 in Chicago, IL leaves $673 of “money in the pocket” per month on average.
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Climate and Weather

The average daily temperature in Chicago, IL in January is 26°F and 78°F in July. Compared to the rest of the 333 most populated cities in the US, this city is on average -17°F cooler in January and is on average -1°F cooler in July.
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Politics and Voting

Chicago, IL voted for the Democrat party in the 2020 Presidential election, with 71.5% of the votes counted going to this party.
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