CostIndexUSA

Arlington, TX vs Chicago, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostTX
Arlington
103.1
overall index
$1,775/mo rent
IL
Chicago
103.6
overall index
$2,100/mo rent

Arlington and Chicago have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing5.0%
Arlington
117.9
Chicago
112
🛒 Groceries+4.4%
Arlington
102.8
Chicago
107.3
🚗 Transportation+0.8%
Arlington
104.7
Chicago
105.5
🏥 Healthcare+0.8%
Arlington
94.7
Chicago
95.5
Utilities7.8%
Arlington
90.7
Chicago
83.6

Salary Equivalency Calculator

Enter your current salary in Arlington to see what you'd need to earn in Chicago to maintain the same purchasing power.

$
Equivalent salary in Chicago, IL
$80,400
$400 more needed in Chicago

Formula: salary × (103.6 ÷ 103.1) = salary × 1.0048. Based on BEA Regional Price Parities.

Housing Market

Arlington, TX

Median Home Price
$450,000
Median Monthly Rent
$1,775
Housing Index
117.9
Price-to-Rent Ratio
21.1×

Chicago, IL

Median Home Price
$334,000
Median Monthly Rent
$2,100
Housing Index
112
Price-to-Rent Ratio
13.3×

Arlington has 5.0% lower housing costs compared to Chicago.

Income & Job Market

Arlington, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
394,266
Top Industries
EntertainmentManufacturingTechnologyHealthcareFinance

Chicago, IL

Median Household Income
$87,100
Per Capita Income
$49,600
Unemployment Rate
4.9%
Population
2,693,976
Top Industries
FinanceHealthcareManufacturingTechnologyRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Arlington, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Chicago, IL
3.5×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.