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  2. Cost of living facts and statistics 2024 - AOL

    www.aol.com/finance/cost-living-facts-statistics...

    Cost of living statistics 2024. ... California — Index: 138.5. New York — Index: 125.9. ... What is a cost-of-living increase? A cost of living adjustment (COLA) is a change in monthly Social ...

  3. Here Is the Cost of Living for Each Generation in California

    www.aol.com/finance/cost-living-generation...

    The states were sorted to show the cheapest to most expensive total cost of living. The data was collected on and is up to date as of Aug. 24th, 2024. More From GOBankingRates

  4. Cost of living 2024: How to calculate and compare - AOL

    www.aol.com/finance/cost-living-2024-calculate...

    Here’s more about the cost of living in 2024. ... $80,925, to maintain the same lifestyle in Chicago, which has a 34.88 percent higher cost of living. ... Tips to keep up with cost of living ...

  5. Economy of Illinois - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Illinois

    The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [10] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%. [11]

  6. Illinois pension crisis - Wikipedia

    en.wikipedia.org/wiki/Illinois_pension_crisis

    Illinois state budget contributions have fallen short of the increases in pension liabilities for 12 of the past 15 years, resulting in a three-fold increase in the funding gap. [2] Illinois' pension obligations are made up of five pension plans for public sector employees. The plans, and their respective size and funding level, include:

  7. 2006 Chicago Big Box Ordinance - Wikipedia

    en.wikipedia.org/wiki/2006_Chicago_Big_Box_Ordinance

    The ordinance defined "Large Retailers" as those with annual gross revenues of $1 billion or more or with stores of 90,000 square feet or more. "Large retailers" were required to pay $9.25 per hour in wages and $1.50 per hour in benefits, with a schedule of cost of living increases. [1] (At the time, the minimum wage was $6.50 per hour state ...

  8. Chicago’s Average Cost of Living Is $40,000 a Year — Here’s Why

    www.aol.com/chicago-average-cost-living-40...

    A GOBankingRates survey calculated the cost of living in the 50 largest U.S. states and ranked Chicago at No. 28, with an average annual cost of $40,179. That’s considerably lower than the ...

  9. Will California homeowners relocate or rebuild? Both are costly

    www.aol.com/california-homeowners-relocate...

    Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...