With Taxes Like These....
- Hey, Chicago. It's cheaper to live in Tokyo.
Or so says a report released this week by UBS that lists Chicago as the 7th most expensive city, behind top-ranked, super-pricey Swiss towns Zurich and Geneva.
Other cities ranked as more expensive than Chicago are, in order, New York City; Oslo, Norway; Copenhagen, Denmark; and London. Tokyo was listed No. 8, followed by Auckland, New Zealand, and Sydney.
Published every three years, the report ranked the cities based on the cost of goods and services. It also ranked cities including and excluding the cost of rent. In both comparisons, Chicago, where a three-person family on average spends about $2,792 monthly on goods and services, held steady at No. 7. In New York City, spending $3,342 monthly (excluding rent) is the average.
Yet another reason to shop in the suburbs.
Labels: money questions
posted by SCC at 12:01 AM
39 Comments:
Based on those numbers, this means that a retired cpd member and spouse spends $1900 per month on goods and services. Now add $1800 per month for health insurance. That's $3700 per month right there. Average pension take home (under 65) is $4000-$5000 per month. That leaves $300-$1300 per month leftover to pay property taxes, mortgage, utilities, car and home insurance, medical bills, etc...
Retired cpd members over 65 are taking home $2000-$4000 per month or less. Medicare and supplemental health insurance, including vision and dental, cost over $800 per month for a couple. Now add $1900 per month on good and services. Many in this group of retirees do not bring in enough $ to cover their expenses.
REMEMBER OCTOBER 26 - COURT DATE!!!
A benefit to raise $ for Atty Clint Kristov is being held October 24. Details to follow soon.
Not a Cop but an Edison Park guy here.
I gas up, dine, and shop in Park Ridge, I grocery shop there or in Niles or Harwood Heights and order everything online. I am very conscious and a stictler about spending a single red cent in Shitcago. I wont even buy a Gatorade at the 7-11 on Northwest Hghy I'll travel a mile to the one in Park Ridge on Devon/Talcott. Nothing is paid for in the city limits and I mean nada. Ever. I hope you all do the same.
*No. I don't hang out at EPI or Morettis with a backwards Blackhawks ball cap with a hardened scowl on my face like the heroic fireman do.
New zealand? Didn't realize it was a city
#7, but the potential to climb higher!!!!!!
I'm sure LA, San Francisco and Honolulu are more expensive than Chicago. they're cities, why aren't they on the list?
Most of those super expensive cities cannot offer the amenities and ambiance of Chicago. Plus Chicago just has a semi-exotic appeal, to go with it's unique city government.
Rent in Chicago has risen since they started giving out CHA rent vouchers.(up to $1300) It would be better to re-build the projects and stack its rejects back in one place again. Crime over the city would drop too.
The other cities on the list are keeping their citizens, we aren't!
Another reason to get rid of the antiquated residency law. Chicago is about the last major city to still require their employees to be captive.
We should have let the Redcoats win, would have been cheaper, and the government would have been run better.
Did you look at the areas, Sun Time's Thursday, that will benefit from Rahm's newly proposed homestead exemption that will accompany his massive real estate tax. Englewood, Austin, Roseland. etc will benefit and the neighborhoods that have working families residing in will not.
If our state legislators vote for this new "workingman's tax" they should be voted out of office. This new tax will require the vote of every Democrat in Springfield to become law because Rauner has indicated he will not go along.
Hey Mr. Edison Park you do know that Park Ridge is one of the most affluent suburbs and the price of goods and services there reflect this.
Another middle class pillage.
Good thing FOP got us that big raise. Looking forward to the two tier Medical as I eagerly wait to get a summer furlo with 24 years under my belt.
I will say it again......a city income tax is coming.
It's only expensive to live here if you work for your money.
A few more years and I'm out
Comparing Tokyo and Chicago? Both expensive places to live with dense populations, however, Tokyo has a society of educated, civilized, and productive people.
The only things that appear to be cheap in this city are black lives.
Funny how the article mentions "clothes" as being expensive, but nothing about Cook County's many, many taxes on everything from alcohol to clothes to parking to internet cloud services.
"Keep the citizens"?! WTF! Is this our problem? Fight for freedom!
Move Niles it's an. Secret dwelling places police great all kinds cul de sac great views amen to that.p
I told you guys that Chicago is the San Francisco of the Midwest and it is attracting a lot of wealthy people. Chicago is also an international city. A lot of big money from all over the world is coming here. This city still has a lot of cheap areas and is growing in housing wealth like gang busters. I know several developers are converting a lot of houses in Portage Park and Albany Park to massive luxury houses. The demand is there. Even by Portage Park. Pretty soon there won't be any cheap areas left on the north side. Take it to the bank.
Hey who's running for Pension Trustee, election coming up soon
I'd like to know how they came up with this number. San Francisco isn't more expensive than Chicago? And that's just one example.
Why isn't Daley in prison?
Forward this to FOP for the next contract when they remind us why we are required to live in the most expensive city in the Midwest.
"I told you guys that Chicago is the San Francisco of the Midwest and it is attracting a lot of wealthy people. Chicago is also an international city. A lot of big money from all over the world is coming here. This city still has a lot of cheap areas and is growing in housing wealth like gang busters. I know several developers are converting a lot of houses in Portage Park and Albany Park to massive luxury houses. The demand is there. Even by Portage Park. Pretty soon there won't be any cheap areas left on the north side. Take it to the bank."
9/18/2015 04:25:00 PM
Go shill on Zillow or someplace. Write columns for the Tribune about hot, hot, hot.
Bubble II.
Fuck the burbs. Shop Indiana.
6:47.
Gas at Thortons on Toughy vs gas at BP on Nrthwst Hgy/Devon. At least .40 per gallon in savings. Take the backwards Hawks cap off, big guy.
Anonymous Anonymous said...
Hey Mr. Edison Park you do know that Park Ridge is one of the most affluent suburbs and the price of goods and services there reflect this.
9/18/2015 06:47:00 AM
************************************************************************************Plus he has to drive and use gasoline to get there, Moron.
If there has ever been an opportunity to get rid of residency, it's now. Fop, pbpa? Where are you?
Shopping in Park Ridge is not about saving money. It's about not spending money in Chicago.
""I know several developers are converting a lot of houses in Portage Park and Albany Park to massive luxury houses. The demand is there. Even by Portage Park. Pretty soon there won't be any cheap areas left on the north side. Take it to the bank.""
True dat. City Clerk lives near me. Rehabbed bungalow that was in foreclosure. I think they paid $470000; asking was $490000. For a bungalo. In portage park. She seems too 'yuppie' for the neighborhood to me, though. I would think Adams by OEMC would be more her speed.
Read the Forbes Magazine article from Aug 13, 2012 article entitled " How Obama is Robbing the Suburbs to Pay for the Cities". The progressive initiative to redistribute the stereotypical perceived wealth of suburban non-minorities to the non-productive inner cities is showcased in their soon to be implemented practice of "Regional Tax Base Sharing".
Community Organizer Mike Kruglik leads an organization called Building One America. One of the policies to be implemented on those who fled the urban decay is designed to get suburbanites out of their polluting the environment and congesting causing cars via public policies ultimately forcing them to relocate and bring their money back into the on the verge of economic collapse urban cities.
Obama initiated a federal program of "Sustainable Communities Initiative" promoting progressive feel good concepts of regional sharing and smart growth. The government through misguided policy will dictate where you should live and puts limits on your individual freedoms. In essence the government wonks want to herd you like cattle knowing what is best for the collective masses. Strange how a lot of this conspiratorial stuff about redistributing wealth into urban areas rears its ugly head and is seeking traction. Of course, this redistribution is on a local level but is modeled after a national leftist ideological template of progressiveness.
www.forbes.com/sites/realspin/2012/08/13/how-obama-is-robbing-the-suburbs-to-pay-for-the-cities/
Anonymous Anonymous said...
Anonymous Anonymous said...
Hey Mr. Edison Park you do know that Park Ridge is one of the most affluent suburbs and the price of goods and services there reflect this.
9/18/2015 06:47:00 AM
************************************************************************************Plus he has to drive and use gasoline to get there, Moron.
9/19/2015 09:05:00 AM
----
I drive through Norridge and Park Ridge every day. I don't know if the original poster has to make a special trip, but my only detour is the hundred feet into Mariano's suburban driveway and Costco's suburban lot and Target's suburban mall entry. No extra gas or driving time involved.
Ha all those cities are socialist cities that's were its headed tax the working man
Ha all those cities are socialist cities that's were its headed tax the working man
Next contract we need to skip a raise and fight for residency to be lifted. CPD wants to be like other major cities with their new uniform policy and what not, well guess what, other cities have sued to lift the residency and won! Time for FOP to start working for us!
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