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Cost of Living in Rogers Park

Is it better to rent or buy in Rogers Park? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$61,387
$1,349/mo

Median in area: $1,349

$301,875

Median in area: $301,875

$60,375

If you Rent

🔑
$1,476 /mo
Base Rent$1,349
Est. Utilities$127
% of Income28.9%
Pre-tax Residual$3,640

If you Buy

🏠
$2,146 /mo
P&I (6.956%)$1,600
Taxes & Ins$419
Est. Utilities$127
% of Income41.9%
Pre-tax Residual$2,970

Compare Nearby Areas

See how Rogers Park stacks up against neighboring areas.

ccaWest Ridge, Chicago, IL
$1,466/mo
ccaEdgewater, Chicago, IL
$1,411/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Rogers Park?›

Based on median housing data, renting is currently more affordable on a monthly basis in Rogers Park. The estimated all-in monthly cost for renting is $1,476, while owning a median-priced home with a 20% down payment is roughly $2,146 per month (a difference of $670).

How much do utilities cost in Rogers Park?›

The average monthly utility cost (electricity and natural gas) for a typical home in Rogers Park is approximately $127. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Rogers Park?›

To comfortably afford the median rent and utilities in Rogers Park without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $59,040 per year.