Driven by a costly tax burden, Chicago’s high cost of goods and services lands the Windy City in the top 10 for the most expensive 71 cities across the world, according to a new survey by UBS.
Buying local just got a lot less appealing for Chicagoans. The city reclaimed the highest sales-tax rate of any major city in the nation on July 15, when the Cook County Board, which oversees Illinois’ largest city, voted to raise its portion of the sales tax, bringing Chicago’s combined rate to 10.25 percent from 9.25...