CHICAGO – It is going to cost a lot more to live in Chicago in 2016.
The largest property tax in the city’s history will kick in. Annual bills will increase by $300 dollars on a home worth $250,000.
Property owners will also have to pay nine dollars and 50 cents a month for garbage collection. It will also cost 15 percent more to ride a taxi in Chicago. Cook County sales taxes are also going up one cent for every dollar.
And staying at a hotel in the city will cost one percent more.