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

Chicago

Illinois
100
VS

El Paso

Texas
67

Chicago is 49% more expensive than El Paso.

$1,380/mo ↑ 33%
Median Rent
$1,041/mo ↓ 25%
$75,134/yr ↑ 28%
Median Income
$58,734/yr ↓ 22%
$315,200 ↑ 84%
Home Value
$171,700 ↓ 46%
$1,502/mo ↑ 44%
Owner Costs
$1,044/mo ↓ 30%
2,707,648
Population
678,147

Tax Comparison

4.95%
Income Tax
0%
6.25%
State Sales Tax
6.25%
2.07%
Property Tax
1.6%

Affordability

22.0%
rent-to-income
Affordability
21.3%
rent-to-income

Detailed Comparison

When comparing Chicago, IL and El Paso, TX, the overall cost of living indices are 100 and 67 respectively (national median = 100). Rent is $339/month cheaper in El Paso, saving renters about $4,068/year.

Median household income is $16,400/year higher in Chicago. Home values also differ significantly — the median in Chicago is $315,200 compared to $171,700 in El Paso.

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

Frequently Asked Questions

Chicago vs El Paso — common questions

Is Chicago or El Paso cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 100 (US average = 100).
What is the rent difference between Chicago and El Paso?
Median rent in Chicago is $1,380/month and in El Paso it's $1,041/month — a difference of $339/month.
Which city has higher income, Chicago or El Paso?
Median household income is $75,134 in Chicago and $58,734 in El Paso. Median household income is $16,400/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 El Paso?
It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while El Paso has a cost index of 67 with rent of $1,041/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chicago details → View El Paso details →

More Comparisons

Other cost of living comparisons for Chicago and El Paso

Chicago vs. Los Angeles Chicago vs. Houston Chicago vs. New York Chicago vs. Phoenix Chicago vs. Allen Chicago vs. Philadelphia El Paso vs. Nashville El Paso vs. Washington El Paso vs. Oklahoma City El Paso vs. Boston El Paso vs. Denver El Paso vs. Las Vegas