Phoenix is about 0% less expensive than Chicago overall — $100,000 in Chicago is worth about $99,731 in Phoenix.
Chicago vs Phoenix: the numbers
| Metric | Chicago | Phoenix | Difference |
|---|---|---|---|
| Cost-of-living index (US=100) | 104 | 103 | -0% |
| Median rent | $1,380 | $1,458 | +6% |
| Median home value | $315,200 | $381,900 | +21% |
| Median household income | $75,134 | $77,041 | +3% |
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 $99,731 in Phoenix. Going the other way, $100,000 in Phoenix is like $100,270 in Chicago.
Use the calculator below to compare any salary between Chicago and Phoenix.