Median rent is 25% lower in Chicago ($1,440/mo vs $1,931/mo). Buying is cheaper in Chicago, where the median home runs $334,100 versus $492,500. Households earn more in Cherry Hill ($122,447 vs $77,902 a year).
City A
Cherry Hill, VA
City B
Chicago, IL
How much would you need to earn in Chicago, IL to maintain your standard of living from Cherry Hill, VA?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Cherry Hill
Virginia
Chicago
Illinois
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Chicago — median rent of $1,440/mo versus $1,931/mo in Cherry Hill, a 25% difference. Home buyers face a steeper market in Cherry Hill: the median home is $492,500 versus $334,100 in Chicago — 32% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Cherry Hill
Income tax: N/A
Sales tax: N/A
Chicago
Income tax: N/A
Sales tax: N/A
Air quality data is available for Chicago (avg AQI 31.0) but not yet for Cherry Hill.
Pick Cherry Hill if you prioritize higher median household income ($122,447/yr).
Pick Chicago if you prioritize cheaper rent ($1,440/mo median).
Is Cherry Hill cheaper than Chicago?
Cost of living index data is not yet available for one or both cities.
How much is rent in Cherry Hill vs Chicago?
Median rent is $1,931/mo in Cherry Hill, VA and $1,440/mo in Chicago, IL. Chicago, IL has the lower rent by about 25%.
Which has higher salaries — Cherry Hill or Chicago?
Median household income is $122,447 in Cherry Hill, VA and $77,902 in Chicago, IL. Cherry Hill, VA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Cherry Hill or Chicago?
State tax data is not yet available for one or both cities.
What salary do I need in Chicago to match my Cherry Hill income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
