Chicago, IL · Phoenix, AZ

Cost of Living: Chicago vs Phoenix

Living in Phoenix, AZ costs 0.3% less than in Chicago, IL: a $100,000 salary in Chicago, IL buys what $99,731 buys in Phoenix, AZ, based on BEA regional price parities for 2024.

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Chicago vs Phoenix: prices, pay and housing

Chicago, ILPhoenix, AZ
BEA price parity (U.S. = 100)103.6103.3
Average salary, all jobs$73,380$69,630
Median salary, all jobs$54,720$51,380
Average salary adjusted for prices$70,834$67,395
Take-home on the average salary*$56,962$56,468
Typical home value$353,998$448,352
Median household income$88,850$84,703
Home price / household income4.05.3
Metro population9,359,5554,941,206

*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.

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Equivalent salary: Chicago to Phoenix

To keep the same standard of living when moving from Chicago to Phoenix, multiply your salary by 0.997.

Salary in ChicagoSame buying power in Phoenix
$50,000 in Chicago$49,865 in Phoenix
$75,000 in Chicago$74,798 in Phoenix
$100,000 in Chicago$99,731 in Phoenix
$150,000 in Chicago$149,596 in Phoenix
$200,000 in Chicago$199,461 in Phoenix

Salaries for common jobs in Chicago and Phoenix

JobChicagoPhoenixAdjusted for prices
General and Operations Managers$143,740$132,100$138,752 / $127,860
Retail Salespersons$39,370$38,580$38,004 / $37,342
Customer Service Representatives$49,800$48,550$48,072 / $46,992
Home Health and Personal Care Aides$38,490$36,850$37,154 / $35,667
Laborers and Freight, Stock, and Material Movers, Hand$43,140$44,840$41,643 / $43,401
Fast Food and Counter Workers$34,690$35,560$33,486 / $34,419
Registered Nurses$97,930$101,090$94,532 / $97,845
Cashiers$35,760$35,960$34,519 / $34,806
Stockers and Order Fillers$40,700$41,210$39,288 / $39,887
Waiters and Waitresses$35,650$53,370$34,413 / $51,657
Office Clerks, General$49,620$50,560$47,898 / $48,937
Heavy and Tractor-Trailer Truck Drivers$65,170$59,790$62,908 / $57,871
Software Developers$141,640$135,520$136,725 / $131,170
Construction Laborers$69,180$48,670$66,779 / $47,108
Janitors and Cleaners, Except Maids and Housekeeping Cleaners$41,400$38,120$39,963 / $36,897
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Average salary vs. price-adjusted salary

Adjusted = average salary divided by the BEA price parity: what it buys in a typical U.S. metro.

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Chicago vs Phoenix: questions

Is Chicago more expensive than Phoenix?

Yes. BEA prices are 103.6 in Chicago, IL and 103.3 in Phoenix, AZ (U.S. = 100).

What salary do I need in Phoenix to match $100,000 in Chicago?

About $99,731, before taxes.

Where do salaries go further, Chicago or Phoenix?

Chicago, IL: once prices are counted, its average salary buys more.

Sources and how to read this page

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