Cost of Living: Chicago vs Philadelphia (2026)

Chicago vs Philadelphia cost of living compared: rent, home prices, and what your salary is really worth. Philadelphia is about 1% less expensive than Chicago overall — $100,000 in Chicago is worth about $98,995 in Philadelphia.

Philadelphia is about 1% less expensive than Chicago overall — $100,000 in Chicago is worth about $98,995 in Philadelphia.

Chicago vs Philadelphia: the numbers

MetricChicagoPhiladelphiaDifference
Cost-of-living index (US=100)104103-1%
Median rent$1,380$1,323-4%
Median home value$315,200$232,400-26%
Median household income$75,134$60,698-19%

Cost of living = BEA Regional Price Parities (US average = 100). Rent, home value, and income from the U.S. Census ACS. See our methodology.

What your salary is worth

A $100,000 salary in Chicago has the same buying power as about $98,995 in Philadelphia. Going the other way, $100,000 in Philadelphia is like $101,015 in Chicago.

Use the calculator below to compare any salary between Chicago and Philadelphia.

Compare any salary: Chicago vs Philadelphia

What you earn (or want to compare)

Frequently Asked Questions

Chicago is more expensive. Its cost-of-living index is 104 vs 103 — a 1% difference. Your money goes further in Philadelphia.

About $98,995 — that's what you'd need in Philadelphia to maintain the same purchasing power as $100,000 in Chicago.