CostIndexUSA

Chicago, IL vs Scottsdale, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIL
Chicago
103.6
overall index
$2,100/mo rent
AZ
Scottsdale
103.3
overall index
$1,725/mo rent

Chicago and Scottsdale have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+8.2%
Chicago
112
Scottsdale
121.2
🛒 Groceries11.5%
Chicago
107.3
Scottsdale
95
🚗 Transportation+3.5%
Chicago
105.5
Scottsdale
109.2
🏥 Healthcare+3.5%
Chicago
95.5
Scottsdale
98.8
Utilities+11.6%
Chicago
83.6
Scottsdale
93.3

Salary Equivalency Calculator

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

$
Equivalent salary in Scottsdale, AZ
$79,800
$200 less needed in Scottsdale

Formula: salary × (103.3 ÷ 103.6) = salary × 0.9971. 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×

Scottsdale, AZ

Median Home Price
$442,000
Median Monthly Rent
$1,725
Housing Index
121.2
Price-to-Rent Ratio
21.4×

Scottsdale has 8.2% 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

Scottsdale, AZ

Median Household Income
$85,700
Per Capita Income
$48,800
Unemployment Rate
3.8%
Population
258,069
Top Industries
HealthcareTourismTechnologyFinanceReal Estate

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)

Scottsdale, AZ
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.