Chicago, IL vs Phoenix, AZ
Cost of Living Comparison
Phoenix, AZ is more affordable by 0.3 index points
Side-by-Side Comparison
| Category | Chicago, IL | Phoenix, AZ | Difference |
|---|---|---|---|
| Overall | 103.6 | 103.3 | +0.3 |
| Housing | 112.0 | 121.2 | -9.2 |
| Goods | 107.3 | 95.0 | +12.2 |
| Utilities | 83.6 | 93.3 | -9.8 |
| Other Services | 100.5 | 104.0 | -3.5 |
Income & Housing Comparison
| Metric | Chicago, IL | Phoenix, AZ |
|---|---|---|
| Median Household Income | $85,087 | $79,935 |
| Median Home Value | $288,400 | $360,600 |
| Median Monthly Rent | $1,310 | $1,432 |
| Per Capita Income | $45,977 | $40,787 |
Frequently Asked Questions
Is Chicago, IL or Phoenix, AZ cheaper to live in?
Phoenix, AZ is more affordable. The cost of living difference is 0.3 index points (Chicago, IL: 103.6, Phoenix, AZ: 103.3).
Where is housing cheaper, Chicago, IL or Phoenix, AZ?
Housing is more affordable in Chicago, IL. Housing index: Chicago, IL (112.0) vs Phoenix, AZ (121.2).