CostIndexUSA

Boulder, CO vs Champaign, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Boulder
105.2
overall index
$2,250/mo rent
More AffordableIL
Champaign
92.7
overall index
$1,275/mo rent

Champaign is moderately cheaper than Boulder — 11.9% lower overall cost of living.

To match an $80,000 salary in Boulder, you would need $70,500 in Champaign. Calculate your salary ↓

Category Breakdown

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

🏠 Housing54.4%
Boulder
157
Champaign
71.6
🛒 Groceries2.6%
Boulder
96.1
Champaign
93.6
🚗 Transportation≈ Equal
Boulder
104.8
Champaign
104.6
🏥 Healthcare≈ Equal
Boulder
94.8
Champaign
94.6
Utilities+9.4%
Boulder
82.7
Champaign
90.5

Salary Equivalency Calculator

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

$
Equivalent salary in Champaign, IL
$70,500
$9,500 less needed in Champaign

Formula: salary × (92.7 ÷ 105.2) = salary × 0.8812. Based on BEA Regional Price Parities.

Housing Market

Boulder, CO

Median Home Price
$702,000
Median Monthly Rent
$2,250
Housing Index
157
Price-to-Rent Ratio
26.0×

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Boulder has 54.4% lower housing costs compared to Champaign.

Income & Job Market

Boulder, CO

Median Household Income
$95,400
Per Capita Income
$54,400
Unemployment Rate
4.7%
Population
105,112
Top Industries
TechnologyEducationResearchHealthcareOutdoor Recreation

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Affordability at a Glance

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

Boulder, CO
3.5×income-to-rent ratio

72% of income left after rent (median)

Champaign, IL
4.1×income-to-rent ratio

75% 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.