Moving from Phoenix to Chicago

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

! Higher Housing CostRent: +37.4%Income: +22.7%

Budget planning required

Moving to Chicago will cost you $143,058 more on median home prices (37.4% more).

Side-by-Side Comparison

📍

Origin

Phoenix, AZ

🏠Median Home Price$382,216

🏢Monthly Rent$1,593

💰Median Income$59,662

👥Population1,563,001

🎯

Destination

Chicago, IL

🏠Median Home Price

$525,274+37.4%

🏢Monthly Rent

$2,189+37.4%

💰Median Income

$73,194+22.7%

👥Population

2,720,556+74.1%

Comprehensive Data Comparison

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Rent History & Trends

Phoenix

2015$881

2020$1,252

2025$1,593

+81% (10yr)

Chicago

2015$1,513

2020$1,592

2025$2,189

+45% (10yr)

🏠

Home Prices

Chicago

$525,274

Phoenix

$382,216

37.4% more expensive

💰

Income & Jobs

Chicago Income

$73,194/yr

Avg Salary

$63,879/yr

Unemployment Rate

6.3%

👥

Demographics

Population2,720,556

Median Age34.2 yrs

Foreign Born21.1%

Household Size2.53

🛡️

Safety

Violent Crime

345 per 100k

Property Crime

1393 per 100k

Lower rates = safer areas

💳

Annual Cost of Living Breakdown

Chicago

🏠 Housing$7,516

🍔 Food$5,442

🚗 Transport$13,003

🏥 Healthcare$12,465

👶 Childcare$12,000

Total$50,752

Phoenix

🏠 Housing$9,175

🍔 Food$5,768

🚗 Transport$13,114

🏥 Healthcare$11,621

👶 Childcare$12,000

Total$51,664

Key Insights

🏠

Housing

Homes are 37.4% more expensive in Chicago

🏢

Rent

Spend $596/month moving to Chicago

💰

Income

Median income is 22.7% higher

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Frequently Asked Questions

Is Chicago more affordable than Phoenix?

No, Chicago is 37.4% more expensive for housing compared to Phoenix.

What is the median home price in Chicago?

The median home price in Chicago, IL is $525,274.

How much is rent in Chicago compared to Phoenix?

Monthly rent in Chicago averages $2,189, which is +37.4% compared to Phoenix's $1,593.

What are the income differences between Phoenix and Chicago?

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

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About Moving from Phoenix to Chicago

Relocating from Phoenix, AZ to Chicago, IL is a significant decision that requires careful financial planning. This cost of living comparison shows that Chicago has higher housing costs compared to Phoenix.

The median home price in Chicago is $525,274, which is $143,058 more thanPhoenix's median of $382,216. Monthly rent averages $2,189 in Chicago.

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