Moving from Chicago to Phoenix will save you approximately $143,058 on median home prices (27.2% less). Monthly rent is $596 cheaper in Phoenix. Note that median income is 18.5% lower in Phoenix.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Phoenix.
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Phoenix is 27.2% cheaper for housing than Chicago. The median home price in Phoenix is $382,216 compared to $525,274 in Chicago, a savings of $143,058.
Monthly rent in Phoenix averages $1,593, while Chicago averages $2,189. That's a savings of $596 per month, or $7,153 annually.
The median household income in Phoenix is $59,662, which is 18.5% lower than Chicago's median of $73,194.
Chicago has a violent crime rate of 345 per 100k residents, while Phoenix has 426 per 100k. Chicago is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.