Compare My CityChicago, IL is approximately 9% cheaper than Miami, FL, using Miami, FL as the comparison base.
Based on overall price levels from the US Bureau of Economic Analysis. 100 equals the national average. Figures represent the wider Miami, FL and Chicago, IL metropolitan areas, not city limits.
⇄ Swap / reverse this comparisonWhere the difference lies
The headline gap is 9%, but housing is where it really shows. Housing rents in Chicago, IL run 28% lower than in Miami, FL (112.0 vs 155.6), while everyday goods and services sit closer together. For most people, housing rents move the most when relocating between these two metros, so weigh that gap more heavily than the overall figure.
Category comparison
| Category | Miami, FL | Chicago, IL | Difference |
|---|---|---|---|
| Overall | 114.2 | 103.6 | -9% |
| Goods | 103.6 | 107.3 | +4% |
| Housing rents | 155.6 | 112.0 | -28% |
| Utilities | 97.2 | 83.6 | -14% |
| Other services | 109.1 | 100.5 | -8% |
Chicago, IL differs from Miami, FL the most in housing rents — about 28% lower in Chicago, IL — while the closest is goods.
Estimated salary equivalent in Chicago, IL
| $50,000 in Miami, FL | $45,359 |
| $75,000 in Miami, FL | $68,039 |
| $100,000 in Miami, FL | $90,718 |
| $150,000 in Miami, FL | $136,077 |
| $200,000 in Miami, FL | $181,436 |
Each row shows the estimated salary equivalent in Chicago, IL, based on regional price levels, for the amount earned in Miami, FL.
Before tax. This estimate does not account for individual spending habits, household size, taxes, childcare, healthcare, transport choices or personal housing circumstances.