Median rent is 12% lower in Lebanon ($1,210/mo vs $1,380/mo). Buying is cheaper in Chicago, where the median home runs $315,200 versus $359,300. Households earn more in Chicago ($75,134 vs $71,320 a year).
City A
Chicago, IL
City B
Lebanon, TN
How much would you need to earn in Lebanon, TN to maintain your standard of living from Chicago, IL?
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
Chicago
Illinois
Lebanon
Tennessee
👥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
Median rent is modestly lower in Lebanon at $1,210/mo compared to $1,380/mo in Chicago (12% gap). Median home values are within 12% of each other: $315,200 in Chicago and $359,300 in Lebanon.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Tennessee has no state income tax, while Illinois tops out at 4.95% — giving Lebanon a clear advantage for high earners. Sales tax is 6.25% in Illinois and 7.00% in Tennessee; Chicago has the lower rate (local add-ons may apply in both).
Chicago
Income tax: 4.95%
Sales tax: 6.25%
Lebanon
Income tax: None
Sales tax: 7.00%
Air quality data is available for Chicago (avg AQI 21.0) but not yet for Lebanon.
Pick Lebanon if you prioritize cheaper rent ($1,210/mo median).
Pick Lebanon if you prioritize no state income tax.
Is Chicago cheaper than Lebanon?
Cost of living index data is not yet available for one or both cities.
How much is rent in Chicago vs Lebanon?
Median rent is $1,380/mo in Chicago, IL and $1,210/mo in Lebanon, TN. Lebanon, TN has the lower rent by about 12%.
Which has higher salaries — Chicago or Lebanon?
Median household income is $75,134 in Chicago, IL and $71,320 in Lebanon, TN. Chicago, IL 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 — Chicago or Lebanon?
Tennessee has no state income tax. Illinois has a top rate of 4.95%.
What salary do I need in Lebanon to match my Chicago income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology