Cost of Living: Washington, DC vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $3,994/mo in Washington, DC versus $4,227/mo in Chicago, IL. In the model, rent is about 27.69% of gross in Washington, DC versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.

Take-home in Washington, DC
$3,994/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Washington, DC
27.69%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Washington, DC and Chicago, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Chicago, IL
  • Lower rent (median 1BR/2BR): Chicago, IL
  • Lower home prices: Chicago, IL
  • Higher median household income: Washington, DC

Cost of Living Index

Washington, DC: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

Chicago, IL has a lower cost-of-living index than Washington, DC, so a given salary generally stretches further there.

Median Rent

Washington, DC: $1,805/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Washington, DC is $482/mo higher than in Chicago, IL.

Median Home Price

Washington, DC: $724,600 · Chicago, IL: $147,800

Median home price in Washington, DC is $576,800 higher than in Chicago, IL.

Median Household Income

Washington, DC: $106,287 · Chicago, IL: $56,815

Washington, DC has a higher median household income than Chicago, IL by $49,472.

Washington, DC overview · Chicago, IL overview · Popular comparisons