Cost of Living: Plano, TX 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 Plano, TX versus $4,227/mo in Chicago, IL. In the model, rent is about 11.19% of gross in Plano, TX versus 20.28% in Chicago, IL, so Plano, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Plano, TX and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Plano, TX
- Lower home prices: Chicago, IL
- Higher median household income: Chicago, IL
Cost of Living Index
Plano, TX: 104.2 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Plano, TX, so a given salary generally stretches further there.
Median Rent
Plano, TX: $730/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $593/mo higher than in Plano, TX.
Median Home Price
Plano, TX: $216,000 · Chicago, IL: $147,800
Median home price in Plano, TX is $68,200 higher than in Chicago, IL.
Median Household Income
Plano, TX: $52,612 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Plano, TX by $4,203.
Plano, TX overview · Chicago, IL overview · Popular comparisons