Chicago, IL vs Dallas, TX: 100 vs 97

$1,380/mo ↓ 2%

Median Rent

$1,403/mo ↑ 2%

$75,134/yr ↑ 11%

Median Income

$67,760/yr ↓ 10%

$315,200 ↑ 7%

Home Value

$295,300 ↓ 6%

$1,502/mo ↑ 7%

Owner Costs

$1,409/mo ↓ 6%

2,707,648

Population

1,299,553

Detailed Comparison

When comparing Chicago, IL and Dallas, TX, the overall cost of living indices are 100 and 97 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $7,374/year higher in Chicago. Home values also differ significantly — the median in Chicago is $315,200 compared to $295,300 in Dallas.

Texas has no state income tax, giving Dallas residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Chicago vs Dallas — common questions

Is Chicago or Dallas cheaper to live in?

Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 100 (US average = 100).

What is the rent difference between Chicago and Dallas?

Median rent in Chicago is $1,380/month and in Dallas it's $1,403/month — a difference of $23/month.

Which city has higher income, Chicago or Dallas?

Median household income is $75,134 in Chicago and $67,760 in Dallas. Median household income is $7,374/year higher in Chicago.

How do taxes compare between Illinois and Texas?

Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Chicago or Dallas?

It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Dallas has a cost index of 97 with rent of $1,403/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Chicago, IL vs Dallas, TX (2026)

Chicago

Dallas

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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