Chicago, IL

Population 2,707,648 · Chicago-Naperville-Elgin, IL-IN MSA. Moving to or from Chicago? Below: current climate, cost-of-living, housing, demographic, and job-market figures from public federal data.

Population
2,707,648
Cost of living (RPP)
103.595
Annual avg temp
51°F
Typical home
$317,283

Demographics (ACS 5-year 2023)

Median household income$75,134
Median age35.7
Bachelor's degree or higher24.9%
Median home value (ACS)$315,200
Median gross rent$1,380/mo
Avg household size2.36

Cost of living

Regional Price Parity: 103.595 (U.S. average = 100). Rents 83.581, goods 107.258, services 112.01. Source: BEA, Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) MSA (2024).

Local CPI-U (all items): 330.277 as of March 2026. YoY +3.0%. Source: BLS.

Climate (NOAA 1991–2020 normals)

Annual avg temp
51°F
January low
20°F
July high
81°F
Annual snow

Annual precipitation —. Station: CHICAGO NORTHERLY IS, IL US (4.1 mi away).

Housing (Zillow, 2026-03)

Typical home value (ZHVI)
$317,283
ZHVI YoY
+2.8%
Typical rent (ZORI)
$2,328/mo
ZORI YoY
+6.5%

Data provided by Zillow.

Jobs in the Chicago-Naperville-Elgin, IL-IN-WI

Total employment (MSA)
4,506,800
Median wage (annual)
$49,790

Top occupations by employment

OccupationEmploymentMedian wage
Office and Administrative Support Occupations 519,810 $46,540
Transportation and Material Moving Occupations 497,550 $41,020
Management Occupations 405,130 $125,280
Sales and Related Occupations 386,070 $38,490
Food Preparation and Serving Related Occupations 368,000 $33,540

Source: BLS OEWS.

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