It’s official: Chicago is expensive.
Analysts agree the rate translates into families needing about $90,000 to live comfortably in the Windy City.
This is nearly $15,000 more than the SmartAsset report estimated Chicaogans needed in 2016 and 2015.
But it’s not all costly news for Chi Town real estate: according to a study by HSH Associates, a mortgage tools company, the housing market is much cheaper, with experts estimating families needing around $60,000 per year to own a home or condo.
Chicago also isn’t the most expensive city in the nation based on the data:
But who wants to live in Phoenix?