Median Home PriceBETTER
$314,516.51
Median Rent
$2,113.41/mo
Price-to-Rent RatioBETTER
12.4
Property Tax RateTIE
2.27%
Price Change (1Y)
+2.9%
Price Change (5Y)
+14.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$90,658
Median Home Price
$416,478.13
Median RentBETTER
$2,039.84/mo
Price-to-Rent Ratio
17.0
Property Tax RateTIE
2.27%
Price Change (1Y)BETTER
+5.0%
Price Change (5Y)BETTER
+25.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$170,842
Key Differences
Home Prices
Chicago's median home price of $314,516.51 is lower than Naperville's $416,478.13 by 24%.
Monthly Rent
Renting in Chicago costs $2,113.41/mo compared to $2,039.84/mo in Naperville—a difference of $73.57/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.