CostIndexUSA

Chicago, IL vs Columbus, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableOH
Columbus
95.5
overall index
$1,450/mo rent

Columbus is moderately cheaper than Chicago — 7.8% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $73,700 in Columbus. Calculate your salary ↓

Category Breakdown

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

🏠 Housing21.5%
Chicago
112
Columbus
87.9
🛒 Groceries12.8%
Chicago
107.3
Columbus
93.6
🚗 Transportation1.5%
Chicago
105.5
Columbus
103.9
🏥 Healthcare1.6%
Chicago
95.5
Columbus
94
Utilities+14.2%
Chicago
83.6
Columbus
95.5

Salary Equivalency Calculator

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

$
Equivalent salary in Columbus, OH
$73,700
$6,300 less needed in Columbus

Formula: salary × (95.5 ÷ 103.6) = salary × 0.9218. Based on BEA Regional Price Parities.

Housing Market

Chicago, IL

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

Columbus, OH

Median Home Price
$317,000
Median Monthly Rent
$1,450
Housing Index
87.9
Price-to-Rent Ratio
18.2×

Chicago has 21.5% lower housing costs compared to Columbus.

Income & Job Market

Chicago, IL

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

Columbus, OH

Median Household Income
$77,400
Per Capita Income
$44,100
Unemployment Rate
3.5%
Population
905,748
Top Industries
FinanceRetailHealthcareEducationGovernment

Affordability at a Glance

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

Chicago, IL
3.5×income-to-rent ratio

71% of income left after rent (median)

Columbus, OH
4.4×income-to-rent ratio

78% 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.