Chicago is 24% cheaper than Fort Lauderdale.
When comparing Chicago, IL and Fort Lauderdale, FL, the overall cost of living indices are 100 and 132 respectively (national median = 100). Rent is $396/month cheaper in Chicago, saving renters about $4,752/year.
Median household income is $4,801/year higher in Fort Lauderdale. Home values also differ significantly — the median in Chicago is $315,200 compared to $455,600 in Fort Lauderdale.
Florida has no state income tax, giving Fort Lauderdale residents a significant tax advantage over Illinois's 4.95% rate.
Chicago vs Fort Lauderdale — common questions
Other cost of living comparisons for Chicago and Fort Lauderdale