CostIndexUSA

Chicago, IL vs Youngstown, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableOH
Youngstown
87.4
overall index
$1,025/mo rent

Youngstown is significantly cheaper than Chicago — 15.6% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $67,500 in Youngstown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing52.3%
Chicago
112
Youngstown
53.4
🛒 Groceries12.8%
Chicago
107.3
Youngstown
93.6
🚗 Transportation1.5%
Chicago
105.5
Youngstown
103.9
🏥 Healthcare1.6%
Chicago
95.5
Youngstown
94
Utilities+15.2%
Chicago
83.6
Youngstown
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Youngstown, OH
$67,500
$12,500 less needed in Youngstown

Formula: salary × (87.4 ÷ 103.6) = salary × 0.8436. 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×

Youngstown, OH

Median Home Price
$163,000
Median Monthly Rent
$1,025
Housing Index
53.4
Price-to-Rent Ratio
13.3×

Chicago has 52.3% lower housing costs compared to Youngstown.

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

Youngstown, OH

Median Household Income
$51,400
Per Capita Income
$29,300
Unemployment Rate
4%
Population
60,068
Top Industries
HealthcareManufacturingEducationGovernmentRetail

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)

Youngstown, OH
4.2×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.