Every year a lot of people are moving to Chicago for its plethora of benefits. If you are also thinking to move to a place where people are friendly having all sorts of advancement from employment opportunities to affordable living costs then you may include Chicago in your bucket list.
Let us find why Chicago is a great city to live in.Â
Home Values and Rent
In 2018, the Median home value in Chicago was $218,500. Now it reaches around $319,000, so, undoubtedly property here will be a great investment for you. For instance, Buying a unit in The Scope Apartments will be a great investment.Â
Despite the 3rd biggest city in the USA, the renting price of Chicago is really competitive and much lower than the rest 2 largest cities – Los Angeles and New York where the renting price is $3,650 and $2,875 respectively. But the average renting cost in Chicago is just about $1,750. You might think this is not affordable, but again, compared to the bigger cities this quite budget-friendly.Â
Transportation
One of the drawbacks of the Chicago transportation industry is you can’t find enough scope to park or a storage area. But the good news is their public transportation facilities are really amazing. And most people use this service without any hassle.Â
Compare to the New York Subway. People in Chicago are not struggling and stressed with their government lead transportation. This is a big plus.Â
Bus fare is as low as $2.25 operated by CTA called L. A train ride is slightly higher than the bus which is $2.50. You may take a monthly card where you can deposit the amount pay the fare without any problems like changing the notes and so on.Â
The elevated bridges and underground tunnels of the Downtown area joint 40+ blocks together in a unique system. This helps people to reach their destination easily and effortlessly. This system is quite affordable and a good alternative to public transportation.Â
The bike is one of the commonly used vehicles in Chicago. As the roads and highways are well constructed and organized people found this mode of transportation useful for them. There are some bike-sharing services which become a real popular in Chicago nowadays.Â
In rough winter one of the most favorite modes of transportation is a cab. Cab services are really excellent in Chicago. Lyft and Uber are available here which are a bit less expensive than the cab services.Â
Great Food
For food, Chicago has a unique culture and heritage. The Chicago-style Burger, Pizza and some other signature foods make the city popular among cuisine lovers. More than 8000 restaurants are scattered around the windy city. You don’t need to walk a mile to take a good cup of coffee if you want a relaxing afternoon. Â
Final Thoughts
The fiscal condition of Chicago is always stable and rising day by day. Wide range Job opportunities available here. Some of the US and International business giants have branches and headquarters here which offer quality job openings. As we mentioned earlier that renting is affordable and housing investment would be a great opportunity here for investors. Â
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Now it’s your turn, we forgot to mention that the winter is harsh and sometimes brutal here. If you are familiar with this weather you may consider Chicago as your next living destination.