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

Chicago

Illinois
100
VS

Riverview

Florida
122

Chicago is 18% cheaper than Riverview.

$1,380/mo ↓ 27%
Median Rent
$1,890/mo ↑ 37%
$75,134/yr ↓ 21%
Median Income
$95,442/yr ↑ 27%
$315,200 ↓ 8%
Home Value
$341,200 ↑ 8%
$1,502/mo ↓ 15%
Owner Costs
$1,767/mo ↑ 18%
2,707,648
Population
107,776

Tax Comparison

4.95%
Income Tax
0%
6.25%
State Sales Tax
6.0%
2.07%
Property Tax
0.86%

Affordability

22.0%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Chicago, IL and Riverview, FL, the overall cost of living indices are 100 and 122 respectively (national median = 100). Rent is $510/month cheaper in Chicago, saving renters about $6,120/year.

Median household income is $20,308/year higher in Riverview. Home values also differ significantly — the median in Chicago is $315,200 compared to $341,200 in Riverview.

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

Frequently Asked Questions

Chicago vs Riverview — common questions

Is Chicago or Riverview cheaper to live in?
Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 122 (US average = 100).
What is the rent difference between Chicago and Riverview?
Median rent in Chicago is $1,380/month and in Riverview it's $1,890/month — a difference of $510/month.
Which city has higher income, Chicago or Riverview?
Median household income is $75,134 in Chicago and $95,442 in Riverview. Median household income is $20,308/year higher in Riverview.
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 Riverview?
It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chicago details → View Riverview details →

More Comparisons

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