Chicago, Illinois

📊 Chicago Market Analysis

In Chicago, the real estate market currently shows a Price-to-Rent ratio of **12.7**. With an average home price of $320,000 and monthly rents averaging $2,100, market conditions suggest that **buying** may build wealth faster than renting over a 5-year period. Financial modeling suggests buying only breaks even after **~4 years**. For expats and digital nomads staying less than 3 years, renting saves approximately **$35,520** annually in unrecoverable costs (interest, taxes, and transaction fees). Use the calculator below to input your exact scenario.