CostIndexUSA

Chicago, IL vs Naples, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIL
Chicago
103.6
overall index
$2,100/mo rent
FL
Naples
103.2
overall index
$2,650/mo rent

Chicago and Naples have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+15.5%
Chicago
112
Naples
129.4
🛒 Groceries10.3%
Chicago
107.3
Naples
96.2
🚗 Transportation1.6%
Chicago
105.5
Naples
103.8
🏥 Healthcare1.7%
Chicago
95.5
Naples
93.9
Utilities+5.0%
Chicago
83.6
Naples
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Naples, FL
$79,700
$300 less needed in Naples

Formula: salary × (103.2 ÷ 103.6) = salary × 0.9961. 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×

Naples, FL

Median Home Price
$551,000
Median Monthly Rent
$2,650
Housing Index
129.4
Price-to-Rent Ratio
17.3×

Naples has 15.5% 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

Naples, FL

Median Household Income
$90,100
Per Capita Income
$51,400
Unemployment Rate
2%
Population
21,661
Top Industries
TourismHealthcareReal EstateFinanceRetail

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)

Naples, FL
2.8×income-to-rent ratio

65% 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.