Chicago vs Raleigh

Cost of Living Comparison

Raleigh is 29% 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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Raleigh, NC

Average
Cost Index114
1BR Rent$1,529/mo
2BR Rent$2,065/mo
State Tax Rate5.3%
Population467,665
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Detailed Comparison

CategoryChicagoRaleighDifference
Cost of Living Index143114+29%
1BR Rent (Monthly)$2,310$1,529+$781
State Income Tax5.0%5.3%-0.3%
Population2,746,388467,665

💰 Salary Equivalent Calculator

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

$100,000 in

Chicago

=

Equivalent to

$79,720 in Raleigh

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

Frequently Asked Questions

Is Chicago or Raleigh cheaper to live in?

Raleigh is 29% cheaper to live in than Chicago. The cost of living index in Raleigh is 114, compared to 143 in Chicago. This means everyday expenses like groceries, transportation, and utilities cost less in Raleigh.

What is the rent difference between Chicago and Raleigh?

A 1-bedroom apartment in Chicago costs $2,310/month on average, while in Raleigh it costs $1,529/month. That's a difference of $781/month, or $9,372/year.

Which city has lower taxes?

Chicago has lower state income taxes.Chicago has a 5.0% state income tax rate, while Raleigh has a 5.3% rate.

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

To maintain the same standard of living, you would need to earn approximately $79,720 in Raleighto 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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