CostIndexUSA

Chicago, IL vs Fresno, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableCA
Fresno
102.2
overall index
$1,850/mo rent

Fresno is slightly cheaper than Chicago — 1.4% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $78,900 in Fresno. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.6%
Chicago
112
Fresno
95.7
🛒 Groceries2.0%
Chicago
107.3
Fresno
105.2
🚗 Transportation≈ Equal
Chicago
105.5
Fresno
105.3
🏥 Healthcare≈ Equal
Chicago
95.5
Fresno
95.3
Utilities+92.6%
Chicago
83.6
Fresno
161

Salary Equivalency Calculator

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

$
Equivalent salary in Fresno, CA
$78,900
$1,100 less needed in Fresno

Formula: salary × (102.2 ÷ 103.6) = salary × 0.9865. 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×

Fresno, CA

Median Home Price
$401,000
Median Monthly Rent
$1,850
Housing Index
95.7
Price-to-Rent Ratio
18.1×

Chicago has 14.6% lower housing costs compared to Fresno.

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

Fresno, CA

Median Household Income
$71,100
Per Capita Income
$40,500
Unemployment Rate
7.4%
Population
542,107
Top Industries
AgricultureHealthcareGovernmentEducationManufacturing

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)

Fresno, CA
3.2×income-to-rent ratio

69% 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.