ReloMath

Chicago, IL vs Philadelphia, PA: Cost of Living

Compare the cost of living between Chicago, IL and Philadelphia, PA. 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.

Philadelphia, PA

PA

Overall RPP (US=100)
100.7
Housing RPP
115.8
Goods RPP
95.5
2-BR median rent
$1,737/mo

Pennsylvania flat income tax 3.07%. Philadelphia city wage tax 3.75% residents.

Equivalent salary

Philadelphia, PA is cheaper than Chicago, IL by about 4.7% (RPP 105.7 to 100.7).

$60,000 in Chicago, IL

-> $57,162

in Philadelphia, PA

$100,000 in Chicago, IL

-> $95,270

in Philadelphia, PA

$150,000 in Chicago, IL

-> $142,904

in Philadelphia, PA

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 Philadelphia, PA cheaper or more expensive than Chicago, IL?
Philadelphia, PA (RPP 100.7) is cheaper than Chicago, IL (RPP 105.7) by about 4.7%.
What salary do I need in Philadelphia, PA if I earn $100,000 in Chicago, IL?
You would need approximately $95,270 in Philadelphia, PA to maintain the same purchasing power as $100,000 in Chicago, IL. Formula: $100,000 x (100.7 / 105.7).