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Moving to Chicago From NYC, Boston & Beyond: All You Need to Know
Are you planning on moving to Chicago but don’t know where to begin? We’ve got the guide that you’ve been surfing the internet for! No matter if you’re coming from NYC, Boston, or California, Chicago’s got a spot waiting for you. Our guide contains everything you’ll need to know before planning your journey.
Moving is not as simple as packing a suitcase and hitting the road. It’s very overwhelming, and that’s where we come in. Relocation is more than just daydreams of new neighborhoods and skyline views; it’s a journey full of questions, big decisions, and loads of stress! And that’s where we step in! We’re going to walk you through everything that you need to know before you pack up for Windy City.
Ready to explore your new home? Let’s get started!
Why Moving to Chicago?
What makes Chicago worth it? Does it really live up to the hype? Is it a suitable option for you? We’re sure you must be questioning your decision from every perspective. Whether or not Chicago is a good option for you depends on why you’re moving to this city. Waking up to the sight of Lake Michigan sure does sound fun, but does that meet your purpose?
Chicago is a great place for investors. If you’re a global investor or a real estate agent, Chicago has a goldmine of opportunities for you. The business sector in Chicago is rising with Tech startups in the West Loop and real estate opportunities in River North.
Moreover, Chicago has a blended old-money vibe, combining big-city modernities and old-school charms. You can enjoy working in a small cafe in Lincoln Park, go for a stroll in the Millennium Park during your lunch break, and enjoy a Cubs game after work.
Chicago’s cost of living is also much more affordable than NYC and San Francisco. Therefore, you can expect your dollars to stretch further here.
With a wide range of activities that keep one active and engaged, Chicago is ideal for retirees, too. You could visit museums, go for walks and enjoy other recreational activities because there’s always something to do. Plus, this city is known for its healthcare sector development.
Chicago by The Numbers
Chicago isn’t just known for its old-money vibe; this city also has some pretty impressive stats that make sure that it stands out on the map! The following figures will give you an idea of what life is really like in the Windy City.
Population
Let’s start with the population. The latest reports show that Chicago is home to about 2.7 million people, which makes it the third-largest city in the U.S. That’s a lot of neighbors! Chicago is also very diverse. You’ll find all kinds of cultures, communities, religions, ethnicities, etc., in Wind City.
Real Estate Market
If you’re thinking about buying a house in Chicago, it’s the perfect time to make an investment. A normal house in Chicago costs around $315,000. This estimate, in comparison to the house prices in NYC, is very low, whereas a normal house costs you over $700,000.
If you’re planning to rent, that’s also a good option, especially if you’re just moving in. You could expect the average monthly rent for a one-bedroom apartment to be around $1,800. Prices do vary depending on the neighborhood, but overall, you shouldn’t have to worry about finding a place that fits your budget.
Economy and Job Market
So, does Chicago have a stable job market? The economy is definitely rising, with a GDP of $690 billion. You’ll find several job opportunities in all sectors, such as finance, manufacturing, tech, and health care. The recent year was a little tough for the economy, but the job market has stood strong.
The unemployment rate at the moment is around 4.8%, which, in comparison to the national average, is good. Many big companies, like Boeing, McDonald’s, and United Airlines, are based in Chicago, which further adds to our speculation that the economy of Chicago is built to last.
Education
Universities like the University of Chicago and the Northwest University are also located here. Chicago is also holding up pretty well in the education sector.
If you’re moving with your family or for educational purposes, Chicago is your new home. These stats should give you all the reassurance you need.
4 Things You Must Know About Chicago
There are many things to know before moving to Chicago, and we’ve got a brief list that’ll focus on what’s really important. Shifting to a new place is always a big deal, and Chicago is no exception. The information we’re providing you with in this blog is going to make your journey as smooth as possible.
Weather
Just like Seattle, Chicago’s got a reputation for its weather too. However, it’s not the rain in this case but the winters that make Chicago’s weather a point of discussion. You might have heard rumors about Chicago’s winters, and if not, let us tell you. Winters here come with snow, wind, and temperatures that’ll freeze your minds.
Don’t get scared because the city is built to handle it. However, we would still suggest that you carry with yourself some good quality boots and winter coats to stay ahead of the weather.
Summers in Chicago are a treat. The city comes alive in the summer, with rooftop bars, street fairs, and beach days becoming your new normal. And fall? You might not believe how gorgeous the city looks when the leaves change.
Cost of Living
Chicago is way more affordable than other cities, such as NYC and San Francisco. But of course, it’s not cheap after all; it’s Chicago! The cost of living depends on where you’re living. For example, living in Lincoln Park and River North areas can be costly. However, Pilsena and Roger Park are very budget-friendly options.
Transportation
Chicago’s public transportation system is also very impressive, with the CTA’s trains and buses covering most of the city. Most people don’t really need a car to travel around, especially if you’re living in or near the downtown area. However, living in Beverly means you need to own a car.
Neighborhoods
Chicago has a neighborhood for everyone. The Loop and River North are ideal neighborhoods if you’re running after the hustle and bustle. However, Lincoln Square and Andersonville offer quieter environments. If art’s your thing, Pilsen and Logan Square are calling your name. Every neighborhood is different, so we’d suggest that you move around before settling down to make sure you find a place that feels like home.
Moving to Chicago From Big Cities
Moving from NYC to Chicago
New York is the city that never sleeps, where everything’s go-go-go 24/7! Chicago’s not very different. It offers all that NYC has been famous for but with a little more room to breathe and escape from all the party noise. You’ll still be able to find the towering skyscrapers in Chicago, the busy streets, and the endless list of things to do, but with a twist!
The cost of living in Chicago is a relief as compared to NYC. In Chicago, you could get a great apartment in a good neighborhood for the same price you’ll pay for a shoebox in Manhattan. Chicago’s restaurants offer just as delicious food as those in NYC, and that too with multiple options.
Moving from Boston to Chicago
Boston and Chicago, which one’s better! Boston has a complete vibe with its cobblestone streets, historic buildings, and an accent. Can it even be compared? Well, Chicago is equally rich in historical buildings and landscapes.
Both the cities are also fans of sports. However, Chicago’s neighborhoods are different. They are like small villages within the city, each having its own energy. Chicago’s job market is also a little more diverse than the traditional market of Boston.
Moving from California to Chicago
Moving from California to Chicago is a little different. While Boston, NYC, and Chicago have a lot in common, but the West Coast has a different lifestyle. We’re talking about trading palm trees for skyscrapers and beaches for lakes. This change would be filled with new experiences.
In Chicago, you need to wave goodbye to the endless sunshine days you saw in California because Chicago is known for its snowy winters and fall seasons. However, Chicago does make winters fun with holiday markets, festivals, ice skating etc. While California’s job market is full of tech jobs, you’ll find more diverse options in Chicago. You’ll find everything from technology to the arts.
Some Important Tips Just For You
Now that you might be thinking about finalizing your decision about moving to Chicago let’s go through some insider knowledge with the help of which you’ll be a part of the locals in no time.
Local Food
When it comes to food, Chicago is the place to be! You have to try Lou Malnati’s for deep-dish pizza because that’s a Chicago classic. But don’t stop there because there’s more. Pequod’s in Lincoln Park shall be your next stop. If you’re craving something sweet, the donuts at Do-Rite Donuts are worth every calorie, and Chicago-style hot dogs are, too. The Violet Hour in Wicker Park is a must as well!
Chicago’s Weather
Chicago’s winters might seem to be harsh, but with the right equipment on hand, you’ve got nothing to worry about. You only need a good coat and some strong boots to face the winter without any trouble. Layering up might be all you’ll need in the harsh winters. And let’s not forget the hot chocolates, the ice skating, the festivals, and all the winter vibes.
Networking and Community
Chicago is a big city, but when it comes to community building, you’ll find multiple areas with their own small-town community. How is this beneficial for you? If you’re looking to find your people and build your network, this is a plus point. You could easily start by joining local groups or attending the events hosted by the Chicago Chamber of Commerce. When you’re in Chicago, there’s already a group for you that you just need to find. Volunteering is also a good way of involving yourself into the community.
Relocation is always a tough decision. No matter how exciting it may sound, there’s also a knot in your stomach that makes you question, investigate, and rethink your decisions. However, you’ll soon figure things out, and in no time, you’ll be calling Chicago home!
Conclusion
Our blog highlights various things surrounding shifting from financial opportunities to finding the ideal home, and we really hope you’ve found the answers you were looking for!
You need to keep your research game lit if you want to make strong and confident decisions. Whether you’re coming from NYC, Boston, or California, Chicago has a way of making everyone feel right at home in no time! Windy City is made up of multiple communities, and with this diversity, you’ll be already settled before you know it.
So, take a deep breath and get ready for the adventure that awaits you in Chicago. Chicago is full of possibilities, and before you know it, you’ll call it home!
Frequently Asked Questions
Is it a good idea to move to Chicago?
Chicago has a rich cultural scene and hosts top-notch educational institutions like Loyola University Chicago, as well as world-class attractions like the Art Institute of Chicago. Offering many opportunities to art lovers, there are art galleries, museums, and a diverse art community in Chicago. You will also find world-class museums. Besides, you can always visit the National Museum.
What salary is needed to live comfortably in Chicago?
The cost of living in Chicago neighborhoods can vary. However, it could be said that in general, you can live with a salary of $70,000 or more yearly. There are, of course, factors like housing costs, transportation (which is based on the Chicago Transit Authority), and dining out expenses, which will definitely impact your budget planning.
How expensive is Chicago to live in?
It is considered a high-cost-of-living city. In Chicago, housing, especially in nearby neighborhoods like Hyde Park, can be expensive to live. Still, there are more affordable housing options. When it comes to education, there are some alternatives, including Chicago public schools, which can be more affordable.
Are people moving to or leaving Chicago?
Chicago has seen a mix of both in recent years. Some are moving to Chicago, whereas some are moving out of the city due to rising costs of living and some other factors.