Moving to a new city can be an exciting and daunting experience. Chicago, the third-largest city in the United States, offers a unique blend of culture, history, and entertainment that draws people from all over the world. From its iconic skyline to its world-class museums and diverse neighborhoods, Chicago has something to offer everyone.
However, moving to a new city can also be challenging, especially when it comes to finding the right neighborhood, navigating the job market, and adjusting to the local culture. In this article, we will provide tips and insights for anyone considering a move to Chicago, from the best neighborhoods to live in to the local job market and economy.
How you organize your big change can also be dependent on where you are moving to. It is best to research the broad basics of the new location and plan as to what you can expect.
Try to get a good plan in place. Start by reading my starter guide for moving to Chicago for some inspiration.
Choose a local moving company
I think it’s always best to choose a local moving company such as Ampol Movers because local companies will offer more personalized services and provide on-site estimates.
They are also familiar with the area and can navigate through traffic and parking restrictions more efficiently and they will have a good knowledge of Chicago regulations and requirements for moving, such as permits and parking restrictions.
Local companies are also more likely to be more flexible with scheduling and can accommodate last-minute requests.
And off course, choosing a local company supports the local economy and will be more environmentally friendly, as they may have a smaller carbon footprint than non-local company.
Chicago life, parks and places to see
Chicago offers a diverse range of activities and attractions, and there is always something to do or see in the city.
- Parks: Chicago is home to over 600 parks, including the famous Millennium Park, Grant Park, and Lincoln Park. These parks offer a variety of activities such as jogging, biking, picnicking, and outdoor concerts.
- Museums: Chicago is known for its world-class museums, including the Art Institute of Chicago, the Field Museum, the Museum of Science and Industry, and the Shedd Aquarium. These museums offer exhibits on art, history, science, and more.
- Nightlife: Chicago’s nightlife is diverse and includes options such as live music venues, comedy clubs, jazz bars, and dance clubs. Some popular nightlife areas include River North, Wicker Park, and Logan Square.
- Eating Out: Chicago is known for its food scene, which includes everything from deep-dish pizza to hot dogs to fine dining. Some popular food neighborhoods include the West Loop, Logan Square, and Pilsen.
- Places to Visit: In addition to parks and museums, Chicago offers many other attractions such as Navy Pier, the Willis Tower Skydeck, the Magnificent Mile shopping district, and the Chicago Riverwalk.
- History: Chicago has a rich history, including its role in the Great Chicago Fire of 1871, the Prohibition era, and the Civil Rights movement. Some popular historical sites include the Chicago History Museum and the Pullman National Monument.
Cost of living in Chicago
The cost of living in Chicago is higher than the national average and varies depending on factors such as location, housing, and lifestyle. Here are some specific figures and examples:
- Housing Costs: The median 2-bedroom apartment rent in Chicago is $2,754, and the median home price for a 3BR, 2BA house is $556,350
- Cost of Living Index: Chicago’s cost of living index is 20% higher than the national average
- Utilities: Utilities in Chicago tend to cost 4.84% higher than the national average
- Groceries: Groceries in Chicago tend to cost 3% higher than the national average
- Transportation: The cost of a monthly pass for the CTA is $105, and the average cost of gas in Chicago is $3.50 per gallon
- Dining and Entertainment: A meal for two at a mid-range restaurant in Chicago can cost around $60, and a movie ticket can cost around $12
Job opportunities in Chicago
If you dont’ have a job already lined up in Chicago, you might like to know what major companies that are based here and start your job hunting.
The job market in Chicago is diverse and offers opportunities in various industries such as finance, healthcare, technology, and transportation. Some of the largest employers in Chicago include the City of Chicago, the University of Chicago, and the Chicago Public Schools. It is also worth noting that the job market can be competitive, and finding a job may depend on factors such as education, skills, experience, and networking.
Here are 10 biggest companies based in Chicago:
- Boeing
- United Airlines
- Walgreens Boots Alliance
- Exelon
- Allstate
- Hyatt Hotels Corporation
- Motorola Solutions
- CNA Financial
- Archer Daniels Midland
- McDonald’s
Public Transport in Chicago
Public transportation in Chicago is considered to be efficient and affordable, with multiple options for getting around the city and its suburbs
- Chicago Transit Authority (CTA) operates the city’s eight ‘L’ train lines and 129 bus routes, serving 145 rail stations throughout the city
- The ‘L’ train system is the most widely connected elevated train system in the city, connecting the city via above-ground, street-level, and subway trains
- The Metra commuter rail system operates 11 lines and serves 242 stations in the Chicago metropolitan area
- Pace suburban bus service operates in the six-county Chicago metropolitan area, serving 40 transit centers and more than 12,000 bus stops
- Taxis and ride-sharing services such as Uber and Lyft are also available in Chicago
Taxes and other expenses in Chicago
Taxes in Chicago can be relatively high compared to other cities and states, and it is important to consider these taxes when budgeting for living expenses or business operations in the city.
- Sales Tax: The sales tax rate in Chicago is 10.25%, which includes the state sales tax of 6.25%, the Cook County sales tax of 1.75%, and the Chicago sales tax of 1.25%
- Property Tax: Property taxes in Chicago are assessed by the Cook County Assessor’s Office and are based on the assessed value of the property. The average effective property tax rate in Cook County is 2.14% .
- Income Tax: Illinois has a flat income tax rate of 4.95% for individuals and 7% for corporations.
- Gasoline Tax: The state of Illinois collects 39.2 cents for every gallon of regular gasoline, which is one of the highest in the nation. The diesel tax rate is also quite high at 46.7 cents per gallon.
- Other Taxes: Chicago also has a variety of other taxes, including a hotel tax, a restaurant tax, and a vehicle lease tax.
Best areas of Chicago to move to for singles
The best neighborhood for single people in Chicago will depend on your individual preferences and needs, but I though I’d look into the trendiest places for you to start looking. If you can, visit different neighborhoods and explore their amenities and attractions before making a decision.
- Lakeview: Located on the North Side, Lakeview is a vibrant neighborhood with a variety of bars, restaurants, and entertainment options. It is also home to Wrigley Field, the iconic home of the Chicago Cubs.
- Lincoln Park: Another North Side neighborhood, Lincoln Park offers a mix of nightlife, shopping, and outdoor activities. It is home to the Lincoln Park Zoo and the Lakefront Trail.
- River North: Located just north of downtown, River North is known for its nightlife and dining scene. It is also home to many art galleries and studios.
- West Loop: This neighborhood, located just west of downtown, has become a popular destination for young professionals in recent years. It offers a variety of dining and nightlife options, as well as easy access to downtown.
- Wicker Park: Located on the city’s Northwest Side, Wicker Park is known for its artsy vibe, independent shops, and nightlife scene. It is also home to many music venues and theatres.
Best areas in Chicago for families with children
There are plenty of good neighborhoods or suburbs for families with children in Chicago that have great schools, shops, healthcare service and of course plenty of parks and safe playgrounds and other amenities. Again, I would recommended for you to research different neighborhoods and suburbs, visit them, and speak with local residents or even stay in the area for a few days before making a decision.
- Lincoln Park: This North Side neighborhood is known for its parks, family-friendly attractions, and highly rated schools. It is home to the Lincoln Park Zoo, the Peggy Notebaert Nature Museum, and the Chicago History Museum.
- North Center: Another North Side neighborhood, North Center offers a mix of family-friendly amenities such as parks, playgrounds, and highly rated schools. It is also home to the CIBC Fire Pitch, a popular soccer facility.
- Edison Park: Located on the city’s Northwest Side, Edison Park is a quiet, family-friendly neighborhood with highly rated schools and a variety of parks and playgrounds.
- Oak Park: This suburb located just west of Chicago is known for its highly rated schools, family-friendly amenities, and historic architecture. It is also home to the Frank Lloyd Wright Home and Studio.
- Naperville: Located about 30 miles west of Chicago, Naperville is a suburb known for its highly rated schools, family-friendly amenities, and parks. It is also home to the Naperville Riverwalk, a popular outdoor destination.
Find a suitable mortgage broker
Secure your funding. Try not to let any setbacks stall your motivation.
Gain access to great loans by investigating mortgage brokers in Illinois who can help you. Use any lender services they recommend. Save time and fees in working with them. Prepare any questions in advance so that you can use your consultation period effectively. Record your exchange so that you can act on their guidance throughout the process of finding a lender.
Make enquiries with the lender or broker about down payments, loan terms, insurance needs, closing costs and fees, and anything else that crosses your mind. Be as thorough as possible.
Manage your move-related anxiety if you have any, and do not worry about ‘wasting’ people’s time. Know that the right brokers and lenders will be patient and kind and not pressure you into any decisions.
Find an Expert Realtor
Many more Americans are moving lately due to the increase of remote working opportunities. Homes are being put for sale and snatched up moments later. If you are trying to move, you will need to be quick to progress in real estate.
Use a realtor that is an expert in Chicago real estate markets. Avoid asking your local realtors for a referral to a specialized service, as they may charge you a fee for that effort.
Remember that realtors are licensed by the state they work in. Research which entities operate in Chicago. Search for consistent praise via the realtor’s client reviews. Look for the reviewer’s contact information if it has been provided. Get in touch with them to ask any questions should you have any. You could ask:
- What did they like about the experience?
- Do they have any regrets?
- Have their contacts used any other realtors that sound preferable?
Authenticate the licenses of any professionals involved in your housing search from real estate to construction. Ensure they are registered in Chicago. Take your time before starting a dialogue with any service. Do not work with anyone who does not appear to be a legitimate entity.
Research the Area
Expect Chicago to be a thriving city full of many different cultural offerings and useful facilities. Narrow down your desired location in Chicago to a neighborhood that will offer you the most fulfilment.
Build your awareness around the types of things you can do in Chicago, from experiencing the iconic jazz scene to embarking on architecture tours and beach days. Sample everything the city has to offer. Prepare well and secure the perfect lifestyle for you.
Consider practical factors. Research the quality of schools, hospitals, or crime rates by neighborhood for further clarity. Create a suitable wardrobe. Know that Chicago summers can be warm and humid while the winters can be cold with strong winds.
Leave a Reply