Town14,433 people

Chicago Ridge, IL

Discover how far your salary goes in Chicago Ridge. Compare taxes, rent, and living costs.

Cost Index
123
📈 Above Average
Population

14,433

State Tax

5.0%

1BR Rent

$1,386

/month

vs National

-1%

below avg

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Rent Prices in Chicago Ridge

🏠

Studio

$1,109

/month

$13,308/year

Most Common
🛏️

1 Bedroom

$1,386

/month

$16,632/year

🏡

2 Bedroom

$1,871

/month

$22,452/year

🏘️

3 Bedroom

$2,426

/month

$29,112/year

Taxes in Illinois

State Income Tax

Illinois

5.0%

For a $100k salary, that's ~$4,950/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Chicago Ridge, IL?

Chicago Ridge has a cost of living index of 123, which is 23% above the national average. A 1-bedroom apartment costs around $1,386/month.

What is the state income tax in Illinois?

Illinois has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Chicago Ridge?

The median rent for a 1-bedroom apartment in Chicago Ridge is $1,386/month. For a 2-bedroom, expect to pay around $1,871/month. This is 1% below the national average.

Is Chicago Ridge a good place to live?

Chicago Ridge is a town with a population of 14,433. The cost of living is above average, making it more expensive than average for the US.

See the complete picture for Chicago Ridge

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