Cost of Living: Pensacola, FL vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Pensacola, FL versus $4,227/mo in Chicago, IL. In the model, rent is about 17.62% of gross in Pensacola, FL versus 20.28% in Chicago, IL, so Pensacola, FL tends to feel more affordable for rent.

Take-home in Pensacola, FL
$4,516/mo
Income level: near
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Pensacola, FL
17.62%
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 Pensacola, FL and Chicago, IL.

At a glance

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

Cost of Living Index

Pensacola, FL: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Pensacola, FL: $1,149/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $174/mo higher than in Pensacola, FL.

Median Home Price

Pensacola, FL: $276,500 · Chicago, IL: $147,800

Median home price in Pensacola, FL is $128,700 higher than in Chicago, IL.

Median Household Income

Pensacola, FL: $72,699 · Chicago, IL: $56,815

Pensacola, FL has a higher median household income than Chicago, IL by $15,884.

Pensacola, FL overview · Chicago, IL overview · Popular comparisons