Cost of Living: Jackson, MS vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Jackson, MS versus $4,227/mo in Chicago, IL. In the model, rent is about 14.83% of gross in Jackson, MS versus 20.28% in Chicago, IL, so Jackson, MS tends to feel more affordable for rent.

Take-home in Jackson, MS
$4,224/mo
Income level: above
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Jackson, MS
14.83%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Jackson, MS and Chicago, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Chicago, IL
  • Lower rent (median 1BR/2BR): Jackson, MS
  • Lower home prices: Jackson, MS
  • Higher median household income: Chicago, IL

Cost of Living Index

Jackson, MS: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

Chicago, IL has a lower cost-of-living index than Jackson, MS, so a given salary generally stretches further there.

Median Rent

Jackson, MS: $967/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $356/mo higher than in Jackson, MS.

Median Home Price

Jackson, MS: $108,200 · Chicago, IL: $147,800

Median home price in Chicago, IL is $39,600 higher than in Jackson, MS.

Median Household Income

Jackson, MS: $43,238 · Chicago, IL: $56,815

Chicago, IL has a higher median household income than Jackson, MS by $13,577.

Jackson, MS overview · Chicago, IL overview · Popular comparisons