Chicago, IL vs Jackson, MS: 100 vs 58

$1,380/mo ↑ 36%

Median Rent

$1,018/mo ↓ 26%

$75,134/yr ↑ 74%

Median Income

$43,238/yr ↓ 42%

$315,200 ↑ 191%

Home Value

$108,200 ↓ 66%

$1,502/mo ↑ 57%

Owner Costs

$956/mo ↓ 36%

2,707,648

Population

149,827

Detailed Comparison

When comparing Chicago, IL and Jackson, MS, the overall cost of living indices are 100 and 58 respectively (national median = 100). Rent is $362/month cheaper in Jackson, saving renters about $4,344/year.

Median household income is $31,896/year higher in Chicago. Home values also differ significantly — the median in Chicago is $315,200 compared to $108,200 in Jackson.

Illinois has a lower income tax rate, making Chicago slightly more tax-friendly.

Frequently Asked Questions

Chicago vs Jackson — common questions

Is Chicago or Jackson cheaper to live in?

Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 100 (US average = 100).

What is the rent difference between Chicago and Jackson?

Median rent in Chicago is $1,380/month and in Jackson it's $1,018/month — a difference of $362/month.

Which city has higher income, Chicago or Jackson?

Median household income is $75,134 in Chicago and $43,238 in Jackson. Median household income is $31,896/year higher in Chicago.

How do taxes compare between Illinois and Mississippi?

Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.

Should I move to Chicago or Jackson?

It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Jackson has a cost index of 58 with rent of $1,018/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Chicago, IL vs Jackson, MS (2026)

Chicago

Jackson

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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