Cost of Living: Tampa, 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 Tampa, FL versus $4,227/mo in Chicago, IL. In the model, rent is about 22.83% of gross in Tampa, FL versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Tampa, FL and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Tampa, FL
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Tampa, FL
Cost of Living Index
Tampa, FL: 98.2 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Tampa, FL has a lower cost-of-living index than Chicago, IL, so a given salary generally stretches further there.
Median Rent
Tampa, FL: $1,489/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Tampa, FL is $166/mo higher than in Chicago, IL.
Median Home Price
Tampa, FL: $375,300 · Chicago, IL: $147,800
Median home price in Tampa, FL is $227,500 higher than in Chicago, IL.
Median Household Income
Tampa, FL: $71,302 · Chicago, IL: $56,815
Tampa, FL has a higher median household income than Chicago, IL by $14,487.
Tampa, FL overview · Chicago, IL overview · Popular comparisons