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The housing costs in Lincoln Park are 41% over the national average, while utility rates are 2% below the national average. The transportation costs, such as bus tickets and petrol prices, exceed the national average by 1%. The grocery costs in Lincoln Park exceed the national average by 1%.
Based on SmartAsset's analysis, the minimum income required for a single adult in Chicago to avoid living paycheck-to-paycheck is as follows: Required hourly wage: $47.38. Desired salary: $98,550.
Several newly enacted pieces of legislation for 2024 may have an influence on your salary. Chicago (WLS) Illinois just raised the minimum wage. Workers will get a wage raise of one dollar per hour, resulting in their hourly pay rising from $13 to $14.
Our team uses a collaborative approach to add perspective and value in real estate transactions. We focus on the full scope and implications of our clients’ personal situation by asking deeper questions, leveraging generations of experience, and utilizing a vast network of additional resources.
