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Charlotte vs Chicago: Cost of Living

Chicago is about 6% more expensive than Charlotte, based on the BEA regional price parity index (U.S. average = 100): Charlotte at 97.348, Chicago at 103.595.

Cost of living (U.S. avg 100)
Charlotte: 97.348
Cost of living (U.S. avg 100)
Chicago: 103.595
Salary parity ($100K in Charlotte)
$106K in Chicago

If you earn $100K in Charlotte, you would need about $106K in Chicago to keep the same standard of living (price levels only; taxes on your specific income are separate).

Rents: the biggest difference

Charlotte

Rent price parity: 97.635 (U.S. average = 100)

Chicago

Rent price parity: 112.01 (U.S. average = 100)

What common jobs pay in each city (after tax)

OccupationMedian (Charlotte)Take-home (Charlotte)Median (Chicago)Take-home (Chicago)
Software Developer$136K$99K$134K$96K
Data Scientist$132K$96K$108K$79K
Registered Nurse$91K$69K$100K$75K
Accountant$93K$71K$82K$63K
Mechanical Engineer$102K$77K$102K$76K
Marketing Manager$166K$118K$165K$116K
Electrician$59K$48K$102K$76K
Elementary School Teacher$59K$47K$78K$60K
Police Officer$63K$51K$108K$79K
Chef$64K$51K$61K$48K
Financial Analyst$107K$80K$102K$75K
Civil Engineer$102K$77K$100K$74K
Pharmacist----
Physical Therapist----
Dental Hygienist----
Web Developer----
Graphic Designer----
Paralegal$60K$48K$71K$55K
Plumber----
HVAC Technician$60K$48K$78K$60K

Taxes at a glance

Take-home assumes a single filer using the standard deduction. Charlotte (North Carolina state tax), Chicago (Illinois state tax). A $100K salary nets about $75K in Charlotte vs $74K in Chicago. Full assumptions: methodology.