Median rent is 23% lower in High Point ($1,116/mo vs $1,440/mo). Buying is cheaper in High Point, where the median home runs $235,800 versus $334,100. Households earn more in Chicago ($77,902 vs $64,561 a year). Taken together, High Point is the more affordable choice with a cost index of 92.8 against 102.5 — about 9% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Chicago, IL.
Cost of living verdict
High Point is 9% cheaper overall
Cost of Living Index: 92.8 in High Point vs 102.5 in Chicago (US national average = 100)
City A
Chicago, IL
City B
High Point, NC
How much would you need to earn in High Point, NC to maintain your standard of living from Chicago, IL?
Equivalent salary in High Point, NC
$67,876
You could earn $7,124 less (9% 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
High Point
North Carolina
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
Renters will find significantly cheaper housing in High Point — median rent of $1,116/mo versus $1,440/mo in Chicago, a 23% difference. Home buyers face a steeper market in Chicago: the median home is $334,100 versus $235,800 in High Point — 29% more expensive.
Metric
Chicago
High Point
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
High Point
Income tax: N/A
Sales tax: N/A
Air quality data is available for Chicago (avg AQI 31.0) but not yet for High Point.
Pick High Point if you prioritize lower overall cost of living (index 92.8 vs 102.5).
Pick Chicago if you prioritize higher median household income ($77,902/yr).
Pick High Point if you prioritize cheaper rent ($1,116/mo median).
High Point is cheaper overall, with a cost of living index of 92.8 versus 102.5 (US average = 100). That means prices run about 9% lower in High Point.
Median rent is $1,440/mo in Chicago, IL and $1,116/mo in High Point, NC. High Point, NC has the lower rent by about 23%.
Median household income is $77,902 in Chicago, IL and $64,561 in High Point, NC. 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 $90,501 in High Point, NC (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
