Rent prices in Chicago are half of SF, according to crowdsourced data from Numbeo's cost of living calculator.

https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...

Oh okay. Ya that sounds about given what I've heard and what other commenters have said about SF.

I had found 1 room shared by bunkbed airbnb's for ~$1500/mo in SF, in a shitty location but forget where specifically about a year ago; and that was pretty cheap for near the heart, afaict

$1900/mo got me a 2-story townhouse in chicago just south of the south loop; maybe 15 min by train to the heart of the city, 20 min walk to chinatown

Had 3 proper bedrooms and an attic, so with 3 roomates it was more like $450/mo

Funny, I had an airbnb(I hosted) in nashville's downtown that made that rate look dirt cheap.

Reason?

Outdated zoning laws and hotels were slow to catch up with the tourist industry.

It was crazy watching my nearby competitors(the major hotels) adjust prices like the stock market.....

$1800 a night for the last suite at the sheraton up from $250-500 normally. Bonoroo and Country Music festival held the same week is what I called "Second christmas".

Why did you sell or stop hosting?

I moved.... Plus the hotels caught up as did the housing shortage.

2 massive hotels went up downtown and another third is coming online soon.

Sank my new years and March madness profits.... It was a good run.

That's insane.

I meant compared to San Francisco and New York.

Then again, canadian salaries are lower and exchange rates are a factor.

Ok that makes sense from what I've heard. Have spent a small amount of time in Chicago and generally like the place.