ReloMath

Chicago, IL vs Dallas, TX: Cost of Living

Compare the cost of living between Chicago, IL and Dallas, TX. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Chicago, IL

IL

Overall RPP (US=100)
105.7
Housing RPP
110.9
Goods RPP
106.7
2-BR median rent
$1,714/mo

Illinois flat income tax 4.95%. Chicago city tax adds ~2.25% effective burden.

Dallas, TX

TX

Overall RPP (US=100)
103.5
Housing RPP
116.3
Goods RPP
102.2
2-BR median rent
$1,758/mo

Texas has no state income tax. Property taxes ~1.8-2.2% effective rate.

Equivalent salary

Dallas, TX is cheaper than Chicago, IL by about 2.1% (RPP 105.7 to 103.5).

$60,000 in Chicago, IL

-> $58,751

in Dallas, TX

$100,000 in Chicago, IL

-> $97,919

in Dallas, TX

$150,000 in Chicago, IL

-> $146,878

in Dallas, TX

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Frequently asked questions

Is Dallas, TX cheaper or more expensive than Chicago, IL?
Dallas, TX (RPP 103.5) is cheaper than Chicago, IL (RPP 105.7) by about 2.1%.
What salary do I need in Dallas, TX if I earn $100,000 in Chicago, IL?
You would need approximately $97,919 in Dallas, TX to maintain the same purchasing power as $100,000 in Chicago, IL. Formula: $100,000 x (103.5 / 105.7).