If you’re reading this article, chances are you’re tired of the blistering cold, shoveling snow, and scraping the ice off your windshield, and all of the chores that come after a fresh snowfall. Maybe you’re considering moving to Phoenix, Arizona. “No snow,” you think. “Now that sounds like weather I could handle!” But before you move anywhere, it’s always a good idea to compare the costs!
The price of food is incredibly similar in both places. This is likely due to the fact that neither Phoenix or Chicago are directly connected to an ocean. Public transportation, and transportation in general, however is a bit more expensive in Chicago. A monthly transportation pass is around $64 in Phoenix, while that will run around $105 in Chicago. Paying only about half price for transportation is definitely a plus. But as always, the biggest concern when looking at places to live is the cost of housing. A one bedroom apartment near the center of Phoenix will be around $1196 per month, while an apartment near the center of Chicago will be about $1721 per month. That’s a difference of around 44%! A three bedroom apartment has an even greater difference. It would cost $1766 per month in Phoenix, but $3110 per month in Chicago. That’s a difference of over 76%. As far as purchasing a house, it will cost you around $334 per square foot in Chicago, but only $200 per square foot in Phoenix.
Maybe the wheels in your mind have already begun to spin. You’re considering what to do with all that money you’d save. Your options are truly limitless! With the beautiful weather you could spend more time outdoors hiking in the Phoenix landscape, take a trip to the Grand Canyon, or maybe even invest in a larger house near a golf course or country club. No matter what you decide to do, Phoenix is truly an amazing place to live, with an astoundingly low cost of living. That’s a win for your quality of life AND for your wallet!
References:
https://www.bestplaces.net/cost-of-living/phoenix-az/chicago-il/100000