Moving from Chicago to Phoenix

Comprehensive cost of living comparison to help you make an informed decision

✓ Lower Housing CostRent: -27.2%Income: -18.5%

✓

Great news for your budget!

Moving to Phoenix will save you $143,058 on median home prices (27.2% less).

Side-by-Side Comparison

📍

Origin

Chicago, IL

🏠Median Home Price$525,274

🏢Monthly Rent$2,189

💰Median Income$73,194

👥Population2,720,556

🎯

Destination

Phoenix, AZ

🏠Median Home Price

$382,216-27.2%

🏢Monthly Rent

$1,593-27.2%

💰Median Income

$59,662-18.5%

👥Population

1,563,001-42.5%

Comprehensive Data Comparison

📈

Rent History & Trends

Chicago

2015$1,513

2020$1,592

2025$2,189

+45% (10yr)

Phoenix

2015$881

2020$1,252

2025$1,593

+81% (10yr)

🏠

Home Prices

Phoenix

$382,216

Chicago

$525,274

27.2% cheaper

💰

Income & Jobs

Phoenix Income

$59,662/yr

Avg Salary

$59,229/yr

Unemployment Rate

7.7%

👥

Demographics

Population1,563,001

Median Age33.8 yrs

Foreign Born19.2%

Household Size2.89

🛡️

Safety

Violent Crime

426 per 100k

Property Crime

2115 per 100k

Lower rates = safer areas

💳

Annual Cost of Living Breakdown

Phoenix

🏠 Housing$9,175

🍔 Food$5,768

🚗 Transport$13,114

🏥 Healthcare$11,621

👶 Childcare$12,000

Total$51,664

Chicago

🏠 Housing$7,516

🍔 Food$5,442

🚗 Transport$13,003

🏥 Healthcare$12,465

👶 Childcare$12,000

Total$50,752

Key Insights

🏠

Housing

Homes are 27.2% cheaper in Phoenix

🏢

Rent

Save $596/month in Phoenix

💰

Income

Median income is 18.5% lower

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Frequently Asked Questions

Is Phoenix more affordable than Chicago?

Yes, Phoenix is 27.2% cheaper for housing compared to Chicago.

What is the median home price in Phoenix?

The median home price in Phoenix, AZ is $382,216.

How much is rent in Phoenix compared to Chicago?

Monthly rent in Phoenix averages $1,593, which is -27.2% compared to Chicago's $2,189.

What are the income differences between Chicago and Phoenix?

Phoenix has a median household income of $59,662, while Chicago's median is $73,194.

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Related Comparisons

About Moving from Chicago to Phoenix

Relocating from Chicago, IL to Phoenix, AZ is a significant decision that requires careful financial planning. This cost of living comparison shows that Phoenix offers more affordable housing options compared to Chicago.

The median home price in Phoenix is $382,216, which is $143,058 less thanChicago's median of $525,274. Monthly rent averages $1,593 in Phoenix.

When considering income levels, Phoenix has a median household income of $59,662, lower than Chicago's $73,194.