Chicago, IL vs Orlando, FL: 100 vs 115

$1,380/mo ↓ 16%

Median Rent

$1,650/mo ↑ 20%

$75,134/yr ↑ 8%

Median Income

$69,268/yr ↓ 8%

$315,200 ↓ 12%

Home Value

$359,000 ↑ 14%

$1,502/mo ↓ 7%

Owner Costs

$1,621/mo ↑ 8%

2,707,648

Population

311,732

Detailed Comparison

When comparing Chicago, IL and Orlando, FL, the overall cost of living indices are 100 and 115 respectively (national median = 100). Rent is $270/month cheaper in Chicago, saving renters about $3,240/year.

Median household income is $5,866/year higher in Chicago. Home values also differ significantly — the median in Chicago is $315,200 compared to $359,000 in Orlando.

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

Frequently Asked Questions

Chicago vs Orlando — common questions

Is Chicago or Orlando cheaper to live in?

Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 115 (US average = 100).

What is the rent difference between Chicago and Orlando?

Median rent in Chicago is $1,380/month and in Orlando it's $1,650/month — a difference of $270/month.

Which city has higher income, Chicago or Orlando?

Median household income is $75,134 in Chicago and $69,268 in Orlando. Median household income is $5,866/year higher in Chicago.

How do taxes compare between Illinois and Florida?

Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.

Should I move to Chicago or Orlando?

It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Orlando has a cost index of 115 with rent of $1,650/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Chicago, IL vs Orlando, FL (2026)

Chicago

Orlando

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons