Median Home PriceBETTER
$314,516.51
Median RentBETTER
$2,113.41/mo
Price-to-Rent RatioBETTER
12.4
Property Tax Rate
2.27%
Price Change (1Y)BETTER
+2.9%
Price Change (5Y)BETTER
+14.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$90,658
Median Home Price
$1,245,307.09
Median Rent
$3,679.66/mo
Price-to-Rent Ratio
28.2
Property Tax RateBETTER
0.73%
Price Change (1Y)
+0.9%
Price Change (5Y)
+4.6%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$1,043,177
Key Differences
Home Prices
Chicago's median home price of $314,516.51 is lower than San Francisco's $1,245,307.09 by 75%.
Monthly Rent
Renting in Chicago costs $2,113.41/mo compared to $3,679.66/mo in San Francisco—a difference of $1,566.25/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.