Median rent is 4% lower in Ferry Pass ($1,383/mo vs $1,440/mo). Buying is cheaper in Ferry Pass, where the median home runs $260,100 versus $334,100. Households earn more in Chicago ($77,902 vs $61,689 a year). Taken together, Ferry Pass is the more affordable choice with a cost index of 97.8 against 102.5 — about 5% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Chicago, IL.
Cost of living verdict
Ferry Pass is 5% cheaper overall
Cost of Living Index: 97.8 in Ferry Pass vs 102.5 in Chicago (US national average = 100)
City A
Chicago, IL
City B
Ferry Pass, FL
How much would you need to earn in Ferry Pass, FL to maintain your standard of living from Chicago, IL?
Equivalent salary in Ferry Pass, FL
$71,602
You could earn $3,398 less (5% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Chicago
Illinois
Ferry Pass
Florida
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,440/mo in Chicago and $1,383/mo in Ferry Pass. Home buyers face a steeper market in Chicago: the median home is $334,100 versus $260,100 in Ferry Pass — 22% more expensive.
Metric
Chicago
Ferry Pass
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Chicago
Income tax: N/A
Sales tax: N/A
Ferry Pass
Income tax: N/A
Sales tax: N/A
Air quality data is available for Chicago (avg AQI 31.0) but not yet for Ferry Pass.
Pick Ferry Pass if you prioritize lower overall cost of living (index 97.8 vs 102.5).
Pick Chicago if you prioritize higher median household income ($77,902/yr).
Ferry Pass is cheaper overall, with a cost of living index of 97.8 versus 102.5 (US average = 100). That means prices run about 5% lower in Ferry Pass.
Median rent is $1,440/mo in Chicago, IL and $1,383/mo in Ferry Pass, FL. Ferry Pass, FL has the lower rent by about 4%.
Median household income is $77,902 in Chicago, IL and $61,689 in Ferry Pass, FL. Chicago, IL has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Air quality data is not yet available for one or both cities.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Chicago, IL is equivalent to roughly $95,470 in Ferry Pass, FL (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
