Median rent is 11% lower in Downers Grove ($1,589/mo vs $1,779/mo). Buying is cheaper in Downers Grove, where the median home runs $439,000 versus $751,700. Households earn more in Downers Grove ($119,649 vs $79,713 a year).
City A
Downers Grove, IL
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Downers Grove, IL?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Downers Grove
Illinois
New York
New York
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rent is modestly lower in Downers Grove at $1,589/mo compared to $1,779/mo in New York (11% gap). Home buyers face a steeper market in New York: the median home is $751,700 versus $439,000 in Downers Grove — 42% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Illinois's top income tax rate is 4.95% versus 10.90% in New York, so Downers Grove is more tax-friendly for high earners. Sales tax is 6.25% in Illinois and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Downers Grove
Income tax: 4.95%
Sales tax: 6.25%
New York
Income tax: 10.90%
Sales tax: 4.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Downers Grove.
Pick Downers Grove if you prioritize higher median household income ($119,649/yr).
Pick Downers Grove if you prioritize cheaper rent ($1,589/mo median).
Pick Downers Grove if you prioritize lower state income tax (4.95%).
Is Downers Grove cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Downers Grove vs New York?
Median rent is $1,589/mo in Downers Grove, IL and $1,779/mo in New York, NY. Downers Grove, IL has the lower rent by about 11%.
Which has higher salaries — Downers Grove or New York?
Median household income is $119,649 in Downers Grove, IL and $79,713 in New York, NY. Downers Grove, IL has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Downers Grove or New York?
Illinois's top income tax rate is 4.95% and New York's is 10.90%. Downers Grove, IL has the lower rate.
What salary do I need in New York to match my Downers Grove income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology