Cost of Living: Paragould, AR vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Paragould, AR versus $4,227/mo in Chicago, IL. In the model, rent is about 12.87% of gross in Paragould, AR versus 20.28% in Chicago, IL, so Paragould, AR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Paragould, AR and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Paragould, AR
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
Paragould, AR: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Paragould, AR, so a given salary generally stretches further there.
Median Rent
Paragould, AR: $839/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $484/mo higher than in Paragould, AR.
Median Home Price
Paragould, AR: $175,400 · Chicago, IL: $147,800
Median home price in Paragould, AR is $27,600 higher than in Chicago, IL.
Median Household Income
Paragould, AR: $56,181 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Paragould, AR by $634.
Paragould, AR overview · Chicago, IL overview · Popular comparisons