Chicago is 12% more expensive than Houston.
When comparing Chicago, IL and Houston, TX, the overall cost of living indices are 100 and 88 respectively (national median = 100). Rent is $67/month cheaper in Houston, saving renters about $804/year.
Median household income is $12,240/year higher in Chicago. Home values also differ significantly — the median in Chicago is $315,200 compared to $253,400 in Houston.
Texas has no state income tax, giving Houston residents a significant tax advantage over Illinois's 4.95% rate.
Chicago vs Houston — common questions