Cost of Living in Chicago, IL — Salary Comparison
Chicago, IL has a cost of living index of 107.8 (national average = 100)
A $60,000 national average salary is equivalent to $64,680 in Chicago, IL.
Salary Equivalents in Chicago, IL
| National Average Salary | Equivalent in Chicago, IL |
|---|---|
| $30,000 | $32,340 |
| $40,000 | $43,120 |
| $50,000 | $53,900 |
| $60,000 | $64,680 |
| $75,000 | $80,850 |
| $100,000 | $107,800 |
| $150,000 | $161,700 |
What Your Chicago, IL Salary Equals Nationally
| Your Salary in Chicago, IL | National Average Equivalent |
|---|---|
| $30,000 | $27,829 |
| $40,000 | $37,106 |
| $50,000 | $46,382 |
| $60,000 | $55,659 |
| $75,000 | $69,573 |
| $100,000 | $92,764 |
| $150,000 | $139,147 |
Cost of Living Comparison — All US Metros
| City | COL Index | $60K Equivalent |
|---|---|---|
| New York City, NY | 187.2 | $112,320 |
| San Francisco, CA | 179.6 | $107,760 |
| Los Angeles, CA | 166.2 | $99,720 |
| Boston, MA | 152.4 | $91,440 |
| Washington, DC | 152.1 | $91,260 |
| Seattle, WA | 149.6 | $89,760 |
| Denver, CO | 128.7 | $77,220 |
| Miami, FL | 123.1 | $73,860 |
| Austin, TX | 110.3 | $66,180 |
| Chicago, IL | 107.8 | $64,680 |
| Atlanta, GA | 107.4 | $64,440 |
| Minneapolis, MN | 106.7 | $64,020 |
| Salt Lake City, UT | 105.4 | $63,240 |
| Nashville, TN | 103.8 | $62,280 |
| Phoenix, AZ | 103.2 | $61,920 |
| Raleigh, NC | 102.1 | $61,260 |
| Dallas-Fort Worth, TX | 101.5 | $60,900 |
| Houston, TX | 96.5 | $57,900 |
| Pittsburgh, PA | 96.2 | $57,720 |
| Columbus, OH | 93.7 | $56,220 |
| Kansas City, MO | 93.4 | $56,040 |
| Indianapolis, IN | 91.8 | $55,080 |
| San Antonio, TX | 90.8 | $54,480 |
| Oklahoma City, OK | 87.3 | $52,380 |
| Memphis, TN | 84.6 | $50,760 |
Frequently Asked Questions
What is the cost of living in Chicago, IL?
Chicago, IL has a cost of living index of 107.8, where the national average is 100. This means living in Chicago, IL is 7.8% more expensive than the national average.
How much do I need to earn in Chicago, IL to match $60,000 nationally?
To maintain the same standard of living as someone earning $60,000 at the national average cost of living, you would need to earn approximately $64,680 in Chicago, IL.
Is Chicago, IL expensive compared to the national average?
Yes, Chicago, IL is 7.8% more expensive than the national average. Salaries need to be higher to maintain the same purchasing power.
What salary in Chicago, IL equals $100,000 nationally?
A $100,000 salary at the national average cost of living is equivalent to earning $107,800 in Chicago, IL.