Cost of Living: Oakland, CA vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Oakland, CA versus $4,227/mo in Chicago, IL. In the model, rent is about 27.93% of gross in Oakland, CA versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.

Take-home in Oakland, CA
$3,974/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Oakland, CA
27.93%
COLI tier: very high-cost
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Oakland, CA and Chicago, IL.

At a glance

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

Cost of Living Index

Oakland, CA: 165.2 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Oakland, CA: $1,821/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Oakland, CA is $498/mo higher than in Chicago, IL.

Median Home Price

Oakland, CA: $924,700 · Chicago, IL: $147,800

Median home price in Oakland, CA is $776,900 higher than in Chicago, IL.

Median Household Income

Oakland, CA: $97,369 · Chicago, IL: $56,815

Oakland, CA has a higher median household income than Chicago, IL by $40,554.

Oakland, CA overview · Chicago, IL overview · Popular comparisons