ReloMath

Chicago, IL vs Portland, OR: Cost of Living

Compare the cost of living between Chicago, IL and Portland, OR. 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.

Portland, OR

OR

Overall RPP (US=100)
108.8
Housing RPP
128.5
Goods RPP
109.1
2-BR median rent
$2,024/mo

Oregon income tax 4.75%-9.9%. No state sales tax.

Equivalent salary

Portland, OR is more expensive than Chicago, IL by about 2.9% (RPP 105.7 to 108.8).

$60,000 in Chicago, IL

-> $61,760

in Portland, OR

$100,000 in Chicago, IL

-> $102,933

in Portland, OR

$150,000 in Chicago, IL

-> $154,399

in Portland, OR

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 Portland, OR cheaper or more expensive than Chicago, IL?
Portland, OR (RPP 108.8) is more expensive than Chicago, IL (RPP 105.7) by about 2.9%.
What salary do I need in Portland, OR if I earn $100,000 in Chicago, IL?
You would need approximately $102,933 in Portland, OR to maintain the same purchasing power as $100,000 in Chicago, IL. Formula: $100,000 x (108.8 / 105.7).