Chicago vs Austin: where does a electrician save more?
Best for saving: Austin โ about $1,842/mo after taxes and living costs.
Chicago US | Austin US โ
Best for saving | |
|---|---|---|
| Median salary | $68,874 | $70,774 |
| Take-home / mo | $4,354 | $4,752 |
| Income tax | ~24% | ~19% |
| Living costs / mo | $3,220 | $2,910 |
| Savings / mo | $1,134 | $1,842 |
| Savings rate | 26% | 39% |
| Verdict | Comfortable | Excellent |
Single professional, after-tax. "Savings" = take-home โ a baseline cost of living. A planning estimate, not financial advice.
How we calculated this
โข Salary: BLS/OECD median for a electrician, adjusted per city.
โข Tax: each country's single-filer effective rate (e.g. US ~24%, US ~19%).
โข Living costs: a single professional's baseline monthly budget per city.
Estimates, not financial or tax advice. Updated 2026.