City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Chicago | Miami | Difference |
|---|---|---|---|
| Median rent | $1,314/mo | $1,494/mo | 12.0% lower in A |
| Median home value | $304,500 | $433,900 | 29.8% lower in A |
| Median household income | $71,673 | $54,858 | 30.7% higher in A |
| Groceries index | 97.2 | 98.7 | 1.5% lower in A |
| Utilities index | 92.4 | 94.8 | 2.6% lower in A |
| Transportation index | 98.6 | 100.5 | 1.9% lower in A |
| Healthcare index | 97.4 | 94.8 | 2.8% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Chicago, you'd need $113,693 in Miami to maintain your standard of living.
Climate, safety, and demographics side by side.
Chicago, IL is about 12% cheaper overall than Miami, FL, based on our cost-of-living index. Housing costs are roughly 12% lower in Chicago than in Miami. If you earn $80,000 in Chicago, you'd need about $90,954 in Miami to keep the same standard of living.