Cost Of Living Federal 2024. Wage gains have since slowed but still. In 2022, americans spent 33.3% of their income on housing, per the bureau of labor statistics.
You would need to make around $20,000 more, $80,925, to maintain the same lifestyle in chicago, which has a 34.88 percent higher cost of living. 124 rows below is a chart and table displaying annual us inflation rates.