CostIndexUSA

Chicago, IL vs Twin Falls, ID Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableID
Twin Falls
92.1
overall index
$1,675/mo rent

Twin Falls is moderately cheaper than Chicago — 11.1% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $71,100 in Twin Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing34.1%
Chicago
112
Twin Falls
73.8
🛒 Groceries10.3%
Chicago
107.3
Twin Falls
96.2
🚗 Transportation1.5%
Chicago
105.5
Twin Falls
103.9
🏥 Healthcare1.6%
Chicago
95.5
Twin Falls
94
Utilities16.3%
Chicago
83.6
Twin Falls
70

Salary Equivalency Calculator

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

$
Equivalent salary in Twin Falls, ID
$71,100
$8,900 less needed in Twin Falls

Formula: salary × (92.1 ÷ 103.6) = salary × 0.8890. 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×

Twin Falls, ID

Median Home Price
$371,000
Median Monthly Rent
$1,675
Housing Index
73.8
Price-to-Rent Ratio
18.5×

Chicago has 34.1% lower housing costs compared to Twin Falls.

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

Twin Falls, ID

Median Household Income
$66,100
Per Capita Income
$37,700
Unemployment Rate
2.5%
Population
50,085
Top Industries
AgricultureHealthcareManufacturingRetailGovernment

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)

Twin Falls, ID
3.3×income-to-rent ratio

70% 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.