Is Ukrainian Village Expensive?

Chicago, United States

+5% vs Chicago avg

Living in Ukrainian Village, Chicago

Ukrainian Village is a moderately-priced area within Chicago, with a cost of living index of 76.9 — that is +5% compared to the Chicago average. It sits around the middle of the pack at #11 out of 27 neighborhoods. Estimated rent for a one-bedroom apartment here is around $2,100/month, compared to a range of $1,500 in Portage Park to $2,500 in Gold Coast.

Monthly Budget Breakdown

For a typical resident of Ukrainian Village, housing takes up roughly 47% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $84,000 before tax.

Typical Salaries in Ukrainian Village

Salaries in Ukrainian Village reflect the local cost of living. Based on the neighborhood COLI of 76.9:

After tax and deductions of 26.0% in United States, take-home pay for someone earning $84,000 would be roughly $62,160/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

76.9
COLI Index
1.05x
vs City Avg
$2,100
Est. 1BR Rent
#11
of 27 Areas
26.0%
Total Deductions

Tax & Deductions in Ukrainian Village

Estimated annual deductions on a $57,675 salary in Ukrainian Village, Chicago (local employee).

Income Tax
13%
Social Security + Medicare (FICA)
7.6%
State Income Tax (IL)
4.95%
Total Deductions: 26.0%
Est. Take-Home: $42,666/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Ukrainian Village would need to be elsewhere:

City Currency Equivalent
New York USD $57,675
London GBP £49,634
Dubai AED AED 288,593

Other Neighborhoods in Chicago

Neighborhood COLI Multiplier vs Avg
Gold Coast 91.5 1.25x +25%
River North 89.3 1.22x +22%
The Loop 87.8 1.20x +20%
West Loop 86.4 1.18x +18%
Lincoln Park 84.2 1.15x +15%

View all 27 neighborhoods in Chicago →

Convert Your Salary

See exactly what you need to earn in Ukrainian Village, Chicago to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Ukrainian Village:

Fishtown, Philadelphia Queen Village, Philadelphia Gamla Stan, Stockholm Yeouido, Seoul Jung-gu, Seoul Jaffa, Tel Aviv

Frequently Asked Questions

Is Ukrainian Village expensive in Chicago?

Ukrainian Village is near the city average for Chicago. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Ukrainian Village compare to the Chicago average?

The cost of living in Ukrainian Village is above the Chicago average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.