Chicago vs Austin

Cost of Living Comparison

Austin is 19% cheaper than Chicago

Chicago, IL

Expensive
Cost Index143
1BR Rent$2,310/mo
2BR Rent$3,119/mo
State Tax Rate5.0%
Population2,746,388
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Austin, TX

Above Average
Cost Index124
1BR Rent$1,820/mo
2BR Rent$2,457/mo
State Tax RateNone! 🎉
Population961,855
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Detailed Comparison

CategoryChicagoAustinDifference
Cost of Living Index143124+19%
1BR Rent (Monthly)$2,310$1,820+$490
State Income Tax5.0%None+5.0%
Population2,746,388961,855

💰 Salary Equivalent Calculator

How much would you need to earn to maintain the same lifestyle?

$100,000 in

Chicago

=

Equivalent to

$86,713 in Austin

Based on cost of living index comparison. Use our full calculator for personalized results.

Frequently Asked Questions

Is Chicago or Austin cheaper to live in?

Austin is 19% cheaper to live in than Chicago. The cost of living index in Austin is 124, compared to 143 in Chicago. This means everyday expenses like groceries, transportation, and utilities cost less in Austin.

What is the rent difference between Chicago and Austin?

A 1-bedroom apartment in Chicago costs $2,310/month on average, while in Austin it costs $1,820/month. That's a difference of $490/month, or $5,880/year.

Which city has lower taxes?

Austin has lower state income taxes.Chicago has a 5.0% state income tax rate, while Austin has a zero rate. States with no income tax can save you thousands per year!

What salary do I need in Austin to match my lifestyle in Chicago?

To maintain the same standard of living, you would need to earn approximately $86,713 in Austinto match a $100,000 salary in Chicago. Use our full calculator to get a personalized estimate based on your actual salary and lifestyle preferences.

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