Is Chicago a Good Place to Live?

Chicago, often referred to as the “Windy City,” is a vibrant city that offers a unique blend of culture, stunning architecture, and diverse neighborhoods.

Chicago is a sought-after destination for both individuals and families, and in this week’s home moving blog, we find out why it seems such a great place to live.

Cost of Living & Housing Market

Chicago’s cost of living is fairly low compared to other major U.S. cities like New York or San Francisco. However, your cost of living can vary significantly based on the neighborhood you choose to live in.

Rent: Currently, the average monthly rent for a one-bedroom apartment in Chicago is about $1,948. Neighborhoods like Wicker Park and Logan Square have seen increased demand, driving up rental prices.

Read more about the rental market in Chicago at www.apartments.com

Home Prices: The average home price in Chicago is around $374,000. Whilst in areas like Wicker Park, median home prices exceed $550,000, reflecting the neighborhood’s popularity and amenities.

Read more about property prices in Chicago at www.redfin.com

You may also like to read: How Much Do Movers Cost in Chicago? If you already live in Chicago but are planning on moving to a new part of the city, then this guide will be invaluable for you.

Top Schools in Chicago

Chicago has a mix of public and private schools renowned for academic excellence.

• Lincoln Park High School: A public school offering International Baccalaureate programs, ranked among the top high schools in Illinois.
• St. Ignatius College Prep: A prestigious private Jesuit school known for its rigorous curriculum and historic campus.
• British International School of Chicago, Lincoln Park: Offers a global curriculum with collaborations from institutions like Juilliard and MIT, emphasizing STEAM education.

Additionally, neighborhoods like Lake View and West Town are home to several well-regarded public and magnet schools, making them attractive for families.

See a full list of the best schools in Chicago at www.chicagomag.com

You may also like to read: How to Find a Good School. In this guide, we suggest things to take into consideration when choosing a new school for your kids.

Employment Opportunities

Chicago has many employment opportunities, with these sectors being the strongest :

• Finance and Business: The city is a hub for major financial institutions and corporate headquarters.
• Technology: Areas like Fulton Market have become centers for tech startups and innovation.
• Healthcare and Education: With institutions like the University of Chicago and Northwestern University, there’s a steady demand for professionals in these fields.

To discover the best places to work in Chicago, visit www.builtinchicago.org 

You may also like to read: Moving for Work. In this guide, we look at the pros and cons of moving for a new job.

Best Neighborhoods to Live

Chicago has a diverse range of neighborhoods that cater to various lifestyles:

• Lincoln Park: Known for its family-friendly atmosphere, excellent schools, and green spaces like the Lincoln Park Zoo.
• Wicker Park: A trendy area with a vibrant arts scene, boutique shops, and a lively nightlife.
• Hyde Park: Home to the University of Chicago, this neighborhood offers cultural attractions and a diverse community.
• Roscoe Village: Features a small-town feel with tree-lined streets, making it ideal for families.
• West Loop: A rapidly developing area known for its food scene and proximity to downtown.

Discover more great neighborhoods in which to live at www.niche.com

You may also like to read: How to Choose a Good Neighborhood. In this guide, we suggest things to take into consideration when choosing which neighborhood to live in.

Is Chicago a Good Place to Live?

Living in Chicago offers a blend of urban excitement and community charm.

Chicago is one of the most diverse cities in the US, offering colorful and charming neighborhoods that cater to people from all over the world.

The city offers an enormous selection of food markets with goods from around the world, from Asian markets to Middle Eastern shops, Italian and Eastern European stores, and a plethora of South American restaurants and cafes.

Chicago is also the third-largest cultural center in the US, boasting unmatched museums, theaters, and a thriving arts scene, making it a haven for art enthusiasts and music lovers alike.

Combined with its diverse neighborhoods, robust job market, and quality educational institutions, the city caters to a wide range of preferences and lifestyles for all age ranges, so if your budget stretches to it, Chicago is a very fine place to live.

Be sure to visit our home moving blog, which is packed with guides to make every aspect of your home move easier, cheaper, and safer.