Median rent is 2% lower in Chicago ($1,440/mo vs $1,465/mo). Buying is cheaper in Jacksonville, where the median home runs $293,700 versus $334,100. Households earn more in Chicago ($77,902 vs $69,872 a year). Taken together, Jacksonville is the more affordable choice with a cost index of 99.6 against 102.5 — about 3% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Chicago, IL.
Cost of living verdict
Jacksonville is 3% cheaper overall
Cost of Living Index: 99.6 in Jacksonville vs 102.5 in Chicago (US national average = 100)
City A
Chicago, IL
City B
Jacksonville, FL
How much would you need to earn in Jacksonville, FL to maintain your standard of living from Chicago, IL?
Equivalent salary in Jacksonville, FL
$72,921
You could earn $2,079 less (3% 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
Jacksonville
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 $1,465/mo in Jacksonville. Median home values are within 12% of each other: $334,100 in Chicago and $293,700 in Jacksonville.
Metric
Chicago
Jacksonville
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
Jacksonville
Income tax: N/A
Sales tax: N/A
Chicago has cleaner air on average: 31.0 AQI (Good) compared to 51.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Chicago if you prioritize higher median household income ($77,902/yr).
Pick Chicago if you prioritize cleaner air quality (avg AQI 31.0).
Jacksonville is cheaper overall, with a cost of living index of 99.6 versus 102.5 (US average = 100). That means prices run about 3% lower in Jacksonville.
Median rent is $1,440/mo in Chicago, IL and $1,465/mo in Jacksonville, FL. Chicago, IL has the lower rent by about 2%.
Median household income is $77,902 in Chicago, IL and $69,872 in Jacksonville, FL. Chicago, IL has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Chicago, IL has better air quality on average: 31.0 AQI versus 51.0 AQI. Both are EPA AirNow annual averages; lower is better.
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 $97,228 in Jacksonville, 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
