Side-by-side cost of living comparison for 2026
Median Income: $69,720
Population: 474,069
Median Income: $65,781
Population: 2,693,976
When comparing Raleigh and Chicago, the overall cost of living differs by 9.8%. Chicago carries a cost index of 112 compared to Raleigh's 102, meaning your dollar stretches 9% further in Raleigh.
Housing is where the most significant gap appears between these two cities. Raleigh has a housing index of 108 compared to Chicago's 118. This 10-point difference translates to substantial monthly savings on rent or mortgage payments in Raleigh.
Raleigh is more affordable for: Housing, Food & Groceries, Transportation, Healthcare, Utilities, Entertainment, Taxes.
If you earn $60,000 in Raleigh, you would need $65,882 in Chicago to maintain the same standard of living. For a $100,000 salary, the equivalent would be $109,804.
The median household income in Raleigh is $69,720 compared to $65,781 in Chicago. While Raleigh has higher incomes, combined with lower costs, residents enjoy greater purchasing power.
Safety: Raleigh scores 7/10 while Chicago scores 4/10 in our safety assessment.
Weather: Raleigh has an edge in climate with a 7/10 weather score compared to Chicago's 4/10.
Job Market: Raleigh's job market (8/10) is stronger than Chicago's (7/10).
Raleigh is the more affordable option overall, but cost is just one factor in deciding where to live. Consider your career opportunities, family needs, and lifestyle preferences alongside the financial comparison. Chicago may justify its higher costs with unique cultural amenities that many residents find worthwhile.
