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1. www.bls.gov › regions › midwestConsumer Expenditures for the Chicago Metropolitan Area: 2019-20

   www.bls.gov › regions › midwest

   Nov 30, 2021 · Highlights of the Chicago area’s 2019–20 spending patterns: Housing: This was the largest expenditure component for Chicago-area households and averaged $23,757. Housing accounted for 37.6 percent of the area’s household budget, significantly higher than the 33.8-percent U.S. average.

2. usafacts.org › topics › standard-of-livingUS Standard of Living Statistics and Data Trends: household ...

   usafacts.org › topics › standard-of-living

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   Feb 7, 2023 · What does standard of living mean? How many Americans are living in poverty? Poverty rate. Poverty rate by race and ethnicity. What is the current GDP per capita across the US? Real gross domestic product (GDP) per capita. What is the role of the government in standard of living? Spending on standard of living. Agencies and elected officials

3. www.bls.gov › regions › midwestEffective October 13, 2020, this PDF version of the Chicago ...

   www.bls.gov › regions › midwest

   Effective October 13, 2020, this PDF version of the Chicago -Naperville-Elgin CPI historical table will be discontinued. Instead, please use the following links to retrieve historical CPI-U and W tables.

4. usafacts.org › state-of-the-union-2020 › standard-living2020 State of the Union: US Standard of Living - USAFacts

   usafacts.org › state-of-the-union-2020 › standard-living

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   How has the standard of living for Americans changed? How does the government help the disadvantaged? Middle-class families (the middle 20% of income earners) average $49,000 in market income from sources including wages, investments, and retirement.

5. www.bls.gov › regions › midwestConsumer Expenditures for the Chicago Metropolitan Area: 2018-19

   www.bls.gov › regions › midwest

   Oct 26, 2020 · Highlights of the Chicago-area’s 2018–19 spending patterns: Housing: This was the largest expenditure component for Chicago-area households and averaged $23,677. Housing accounted for 36.5 percent of the area’s household budget, significantly higher than the 32.7-percent U.S. average. (See table 1.)

6. www.chicago.gov › 2020_Income_and_Rent_Limits2020 rent tables - City of Chicago

   www.chicago.gov › 2020_Income_and_Rent_Limits

   In HOME-funded developments with 5 or more units, 20% of the HOME-assisted units must be occupied by very low income families whose rents do not exceed 30% of the annual income of a family @ 50% of the area median. This is known as the "Low HOME Rent."

7. People also ask

   What is a standard of living?

   • The standard of living in the United States is a measure of how well people and families are doing. It looks at things like how much money they make from wages and income, help they get from the government like Medicaid and unemployment insurance, how many people are living in poverty, and how much it costs to run a household.

   Standard of Living - USAFacts

   usafacts.org/topics/standard-of-living/

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   How much does Chicago spend on housing?

   • Housing: This was the largest expenditure component for Chicago-area households and averaged $23,757. Housing accounted for 37.6 percent of the area’s household budget, significantly higher than the 33.8-percent U.S. average.

   Consumer Expenditures for the Chicago Metropolitan Area: 2019-20

   www.bls.gov/regions/midwest/news-release/2021/pdf/consumerexpenditures_chicago_20211130.pdf

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   How much do Chicago residents spend a year?

   • Households in the Chicago-Naperville-Elgin, IL-IN-WI, metropolitan area spent an average of $63,251 per year in 2019–20, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that this figure was not significantly different from the $62,188 average expenditure level for households in the United States.

   Consumer Expenditures for the Chicago Metropolitan Area: 2019-20

   www.bls.gov/regions/midwest/news-release/2021/pdf/consumerexpenditures_chicago_20211130.pdf

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   Does Chicago have a high housing expenditure share?

   • Among the 22 metropolitan areas nationwide for which data were available, Chicago was one of 10 areas to have a housing expenditure share that was significantly higher than the national average. Housing expenditure shares among the 22 published metropolitan areas ranged from 39.1 percent in New York to 31.8 percent in St. Louis. (See table 2.)

   Consumer Expenditures for the Chicago Metropolitan Area: 2019-20

   www.bls.gov/regions/midwest/news-release/2021/pdf/consumerexpenditures_chicago_20211130.pdf

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   What is GDP & how does it affect a person's standard of living?

   • However, it also includes government spending on things like infrastructure that contribute to a person’s standard of living. GDP is an everyday economic indicator that is estimated for all US states. The per capita estimate provides a straightforward geographical comparison to view the similarity in the standard of living across the country.

   Standard of Living - USAFacts

   usafacts.org/topics/standard-of-living/

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   How much do Chicago households spend on food?

   • Food: The portion of a Chicago household’s budget spent on food, 13.8 percent, was significantly higher than the 12.5-percent U.S. average. Chicago-area households spent $5,642, or 64.5 percent, of their food dollars on food at home and $3,108 (35.5 percent) on food away from home.

   Consumer Expenditures for the Chicago Metropolitan Area: 2019-20

   www.bls.gov/regions/midwest/news-release/2021/pdf/consumerexpenditures_chicago_20211130.pdf

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8. cmap.illinois.gov › data › community-data-snapshotsCommunity Data Snapshots - Chicago Metropolitan Agency for ...

   cmap.illinois.gov › data › community-data-snapshots

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   Each year, CMAP updates these snapshots for the region’s 7 counties (Cook, DuPage, Kane, Kendall, Lake, McHenry, and Will), 284 communities, and 77 Chicago community areas. Explore some of your community’s data in the visualization below, or view a PDF of the entire snapshot.