Cost of Living: Chicago, IL vs Phoenix, AZ
Analyzing index metrics between Chicago and Phoenix relative to the US average baseline (100). Chicago is estimated to be 12% more expensive overall than Phoenix. Rental housing in Phoenix runs about 15% lower than in Chicago.
Side-by-Side Index Breakdown
| Index Category | Chicago, IL | Phoenix, AZ | Difference for Phoenix |
|---|---|---|---|
| Overall Cost of Living | 120 | 108 | -10% |
| Rent Index | 130 | 110 | -15% |
| Home Price Index | 135 | 118 | -13% |
| Utilities | 105 | 103 | -2% |
| Groceries | 110 | 104 | -5% |
| Transportation | 118 | 106 | -10% |
| Healthcare | 112 | 103 | -8% |
Chicago, IL
Read a complete breakdown of rent distributions, home pricing indexes, utility rates, and local services in Chicago.
Phoenix, AZ
Read a complete breakdown of rent distributions, home pricing indexes, utility rates, and local services in Phoenix.
Planning a move between these cities?
Cost of living indexes provide a directional guide, but real rent rates, local tax regulations, and commute patterns fluctuate by neighborhood.
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Cost of Living Comparison: Chicago, IL vs Phoenix, AZ
This side-by-side cost-of-living comparison analyzes the financial differences between Chicago, IL (overall index 120) and Phoenix, AZ (overall index 108). Chicago, IL is estimated to be 12% more expensive overall than Phoenix, AZ. Use this data to plan your monthly budget and compare housing, transit, utility, and grocery expenses.