Austin vs Chicago

Chicago is cheaper to live in overall. Austin has a cost of living index of 119 while Chicago has an index of 107, where 100 represents the US national average. Chicago is 10% cheaper than Austin overall.

The median 1-bedroom rent in Austin is $1,800 per month compared to $1,750 in Chicago. The median home price in Austin is $510,000 versus $310,000 in Chicago. Housing is typically the largest factor in cost of living differences between cities.

Austin has a cost of living index of 119 and Chicago has an index of 107, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Austin, multiply by 0.90. For example a $75,000 salary in Austin is equivalent to approximately $67,437 in Chicago.

Austin has a median household income of $80,954 per year versus $62,097 in Chicago. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Austin to Chicago is worthwhile depends on your salary, lifestyle, and priorities. Chicago is 10% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.