CostIndexUSA

Chicago, IL vs Kingsport, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableTN
Kingsport
86.4
overall index
$1,400/mo rent

Kingsport is significantly cheaper than Chicago — 16.6% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $66,700 in Kingsport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing49.6%
Chicago
112
Kingsport
56.5
🛒 Groceries10.3%
Chicago
107.3
Kingsport
96.2
🚗 Transportation4.6%
Chicago
105.5
Kingsport
100.6
🏥 Healthcare4.7%
Chicago
95.5
Kingsport
91
Utilities9.2%
Chicago
83.6
Kingsport
75.9

Salary Equivalency Calculator

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

$
Equivalent salary in Kingsport, TN
$66,700
$13,300 less needed in Kingsport

Formula: salary × (86.4 ÷ 103.6) = salary × 0.8340. 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×

Kingsport, TN

Median Home Price
$235,000
Median Monthly Rent
$1,400
Housing Index
56.5
Price-to-Rent Ratio
14.0×

Chicago has 49.6% lower housing costs compared to Kingsport.

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

Kingsport, TN

Median Household Income
$53,800
Per Capita Income
$30,700
Unemployment Rate
4.4%
Population
55,442
Top Industries
ManufacturingHealthcareChemicalsRetailGovernment

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)

Kingsport, TN
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.