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Chicago vs Columbus

Chicago, IL  ·  Columbus, OH

⚖️

Columbus is 21% cheaper than Chicago overall.

Home Price

Chicago: $315,000

Columbus: $265,000

Monthly Rent

Chicago: $2,288/mo

Columbus: $1,199/mo

COL Index

Chicago: 114

Columbus: 90

Median Income

Chicago: $70,100

Columbus: $64,600

Side-by-Side Comparison

Metric
Chicago
Columbus
Winner
🏠

Median Home Price

$315,000
$265,000
Columbus
🏢

Monthly Rent (Median)

$2,288/mo
$1,199/mo
Columbus
💰

Median Household Income

$70,100
$64,600
Chicago
📋

Property Tax Rate

2.1%
1.6%
Columbus
📊

Cost of Living Index

100 = national average

114
90
Columbus
🚗

Avg. Commute

31 min
23 min
Columbus
📈

Unemployment Rate

4.6%
3.8%
Columbus
👥

Median Age

36.7 yrs
33.2 yrs
Chicago

What This Means For You

💵

Buying Power

A $100,000 salary in Chicago has the same purchasing power as $78,947 in Columbus — based on each city's cost of living index.

🏠

Housing

Homes in Columbus cost 16% more (-$50,000 extra). Expect a larger mortgage and down payment.

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Renting

Renting in Columbus saves you $1,089/month — $13,068 per year. Median rent: $2,288/mo in Chicago vs $1,199/mo in Columbus.

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Property Taxes

On a median-priced home, Chicago owners pay roughly $6,615/year in property taxes vs $4,240/year in Columbus. That's a $2,375 annual difference.

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Local Earnings

Median household income is $70,100 in Chicago and $64,600 in Columbus. Columbus residents earn 8% more — but remember to factor in cost of living.

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Daily Commute

Average commute is 31 minutes in Chicago vs 23 minutes in Columbus. Over a year, that's 4000 extra minutes (67 hours) of commuting in Chicago.

Salary Equivalence

To maintain the same lifestyle when moving from Chicago to Columbus, here's the salary you'd need:

Salary in ChicagoEquivalent in ColumbusDifference
$50,000$39,474-$10,526
$75,000$59,211-$15,789
$100,000$78,947-$21,053
$150,000$118,421-$31,579
$200,000$157,895-$42,105

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Chicago vs Columbus: Common Questions

Is Chicago or Columbus cheaper to live in?

Based on cost of living indices, Columbus is cheaper overall. Chicago has a COL index of 114 while Columbus scores 90 (national average = 100).

How do home prices compare between Chicago and Columbus?

The median home price in Chicago is $315,000 vs $265,000 in Columbus — a difference of $50,000 (16%).

What salary do I need in Columbus to match my Chicago income?

Use the salary equivalence table above. For example, a $100K salary in Chicago is equivalent to $78,947 in Columbus in terms of purchasing power.

Which city has lower property taxes?

Columbus has a lower property tax rate (1.6% vs 2.1%). On a median-priced home, that means paying $4,240/year vs $6,615/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.