Chicago vs Denver: Cost of Living

17%

Denver is about 17% more expensive than Chicago overall.

How Chicago Compares to Denver

Category by category

Renting ▼ 21%
Buying ▼ 46%
Goods ▲ 3%
Services ▼ 24%

Key Facts

ChicagoDenver
Median Rent$1,486/mo$1,870/mo
Median Home$341,200$636,400
Median Income$80,613$92,504
State Income Tax4.95% flat4.4% flat
Sales Tax10.25%8.81%

Housing: The Biggest Difference

Chicago has the lower median home price by $295,200. Monthly rent is $384/month cheaper in Chicago.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

Chicago vs Denver FAQ

Rent is $384/month cheaper in Chicago. Chicago's median rent is $1,486/month, while Denver's is $1,870/month. Source: Census ACS 2024.

Chicago has the lower median home price at $341200, saving $295,200 compared to Denver. Source: Census ACS 2024.