CostIndexUSA

Chicago, IL vs Fort Collins, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableCO
Fort Collins
101.1
overall index
$1,875/mo rent

Fort Collins is slightly cheaper than Chicago — 2.4% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $78,100 in Fort Collins. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+7.7%
Chicago
112
Fort Collins
120.6
🛒 Groceries10.4%
Chicago
107.3
Fort Collins
96.1
🚗 Transportation0.7%
Chicago
105.5
Fort Collins
104.8
🏥 Healthcare0.7%
Chicago
95.5
Fort Collins
94.8
Utilities1.7%
Chicago
83.6
Fort Collins
82.2

Salary Equivalency Calculator

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

$
Equivalent salary in Fort Collins, CO
$78,100
$1,900 less needed in Fort Collins

Formula: salary × (101.1 ÷ 103.6) = salary × 0.9759. 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×

Fort Collins, CO

Median Home Price
$540,000
Median Monthly Rent
$1,875
Housing Index
120.6
Price-to-Rent Ratio
24.0×

Fort Collins has 7.7% higher housing costs compared to Chicago.

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

Fort Collins, CO

Median Household Income
$88,200
Per Capita Income
$50,300
Unemployment Rate
4.5%
Population
164,672
Top Industries
TechnologyEducationHealthcareAgricultureManufacturing

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)

Fort Collins, CO
3.9×income-to-rent ratio

74% 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.