CostIndexUSA

Chicago, IL vs Manchester, NH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIL
Chicago
103.6
overall index
$2,100/mo rent
NH
Manchester
105.7
overall index
$2,100/mo rent

Chicago is slightly cheaper than Manchester — 2.0% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $81,600 in Manchester. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+19.8%
Chicago
112
Manchester
134.2
🛒 Groceries8.9%
Chicago
107.3
Manchester
97.7
🚗 Transportation+3.2%
Chicago
105.5
Manchester
108.9
🏥 Healthcare+3.1%
Chicago
95.5
Manchester
98.5
Utilities+59.7%
Chicago
83.6
Manchester
133.5

Salary Equivalency Calculator

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

$
Equivalent salary in Manchester, NH
$81,600
$1,600 more needed in Manchester

Formula: salary × (105.7 ÷ 103.6) = salary × 1.0203. 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×

Manchester, NH

Median Home Price
$503,000
Median Monthly Rent
$2,100
Housing Index
134.2
Price-to-Rent Ratio
20.0×

Manchester has 19.8% 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

Manchester, NH

Median Household Income
$103,700
Per Capita Income
$59,100
Unemployment Rate
2.1%
Population
115,644
Top Industries
HealthcareFinanceTechnologyManufacturingRetail

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)

Manchester, NH
4.1×income-to-rent ratio

76% 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.