Austin, TX vs Chicago, IL
Cost of Living Comparison
Austin, TX is more affordable by 5.5 index points
Side-by-Side Comparison
| Category | Austin, TX | Chicago, IL | Difference |
|---|---|---|---|
| Overall | 98.1 | 103.6 | -5.5 |
| Housing | 120.4 | 112.0 | +8.4 |
| Goods | 93.8 | 107.3 | -13.5 |
| Utilities | 82.0 | 83.6 | -1.5 |
| Other Services | 96.2 | 100.5 | -4.3 |
Income & Housing Comparison
| Metric | Austin, TX | Chicago, IL |
|---|---|---|
| Median Household Income | $92,939 | $85,087 |
| Median Home Value | $390,500 | $288,400 |
| Median Monthly Rent | $1,529 | $1,310 |
| Per Capita Income | $49,787 | $45,977 |
Frequently Asked Questions
Is Austin, TX or Chicago, IL cheaper to live in?
Austin, TX is more affordable. The cost of living difference is 5.5 index points (Austin, TX: 98.1, Chicago, IL: 103.6).
Where is housing cheaper, Austin, TX or Chicago, IL?
Housing is more affordable in Chicago, IL. Housing index: Austin, TX (120.4) vs Chicago, IL (112.0).