Chicago vs Austin: Cost of Living
8%
Austin is about 8% more expensive than Chicago overall.
How Chicago Compares to Austin
Category by category
Renting
▼ 16%
Buying
▼ 40%
Goods
▲ 12%
Services
▼ 12%
Key Facts
| Chicago | Austin | |
|---|---|---|
| Median Rent | $1,486/mo | $1,770/mo |
| Median Home | $341,200 | $571,000 |
| Median Income | $80,613 | $90,430 |
| State Income Tax | 4.95% flat | None |
| Sales Tax | 10.25% | 8.25% |
Housing: The Biggest Difference
Chicago has the lower median home price by $229,800. Monthly rent is $284/month cheaper in Chicago.
Chicago vs Austin FAQ
Rent is $284/month cheaper in Chicago. Chicago's median rent is $1,486/month, while Austin's is $1,770/month. Source: Census ACS 2024.
Chicago has the lower median home price at $341200, saving $229,800 compared to Austin. Source: Census ACS 2024.