Median rent is 18% lower in Madison Heights ($1,138/mo vs $1,380/mo). Buying is cheaper in Madison Heights, where the median home runs $190,300 versus $315,200. Households earn more in Chicago ($75,134 vs $66,726 a year).
City A
Chicago, IL
City B
Madison Heights, MI
How much would you need to earn in Madison Heights, MI 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
Madison Heights
Michigan
👥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 Madison Heights at $1,138/mo compared to $1,380/mo in Chicago (18% gap). Home buyers face a steeper market in Chicago: the median home is $315,200 versus $190,300 in Madison Heights — 40% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Illinois's top income tax rate is 4.95% versus 4.25% in Michigan, so Madison Heights is more tax-friendly for high earners. Sales tax is 6.25% in Illinois and 6.00% in Michigan; Madison Heights has the lower rate (local add-ons may apply in both).
Chicago
Income tax: 4.95%
Sales tax: 6.25%
Madison Heights
Income tax: 4.25%
Sales tax: 6.00%
Air quality data is available for Chicago (avg AQI 21.0) but not yet for Madison Heights.
Pick Chicago if you prioritize higher median household income ($75,134/yr).
Pick Madison Heights if you prioritize cheaper rent ($1,138/mo median).
Pick Madison Heights if you prioritize lower state income tax (4.25%).
Is Chicago cheaper than Madison Heights?
Cost of living index data is not yet available for one or both cities.
How much is rent in Chicago vs Madison Heights?
Median rent is $1,380/mo in Chicago, IL and $1,138/mo in Madison Heights, MI. Madison Heights, MI has the lower rent by about 18%.
Which has higher salaries — Chicago or Madison Heights?
Median household income is $75,134 in Chicago, IL and $66,726 in Madison Heights, MI. 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 Madison Heights?
Illinois's top income tax rate is 4.95% and Michigan's is 4.25%. Madison Heights, MI has the lower rate.
What salary do I need in Madison Heights 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