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Cost of Living: Bellingham, WA vs Chicago, IL

Wondering how far your dollar stretches in Bellingham compared to Chicago? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Bellingham cost-of-living index is 118 vs 114 for Chicago (US = 100). Median home: $545,000 vs $315,000. Median rent: $1,650/mo vs $2,288/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Chicago is 3.4% cheaper than Bellingham
COL Index: Bellingham 118 vs Chicago 114 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Bellingham vs Chicago — At a Glance

BellinghamMetricChicagoDifference
118Cost of Living Index114-3.4%
$545,000Median Home Price$315,000-42.2%
$1,650Median Monthly Rent$2,288+38.7%
$58,500Median Household Income$70,100+19.8%
1.0%Property Tax Rate2.1%+110.0%
4.2%Unemployment Rate4.6%+9.5%
19 minAverage Commute31 min+63.2%
33.2Median Age36.7+10.5%
98,000Metro Population9,560,000+9655.1%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Bellingham vs Chicago

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Bellingham

Median Home Price$545,000
Down Payment (20.0%)$109,000
Loan Amount$436,000
Principal & Interest$2,756/mo
Property Tax$454/mo
Insurance$159/mo
Monthly PITI$3,369/mo

Chicago

Median Home Price$315,000
Down Payment (20.0%)$63,000
Loan Amount$252,000
Principal & Interest$1,593/mo
Property Tax$551/mo
Insurance$92/mo
Monthly PITI$2,236/mo

Rent & Affordability Ratios

Median Monthly Rent$1,650 vs $2,288 (+$638/mo)
Annual Rent Difference$7,656/yr more in Chicago
Home Price-to-Income Ratio9.3x (Bellingham) vs 4.5x (Chicago)
Years to Save 20% Down (15% savings rate)12.4 yrs (Bellingham) vs 6.0 yrs (Chicago)

Buying a home in Bellingham costs $3,369/month (PITI) compared to $2,236/month in Chicago — a difference of $1,133/month or $13,596/year. The price-to-income ratio is 9.3x in Bellingham versus 4.5x in Chicago, suggesting Chicago is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 12.4 years to save a down payment in Bellingham compared to 6.0 years in Chicago.

Tax Comparison: Bellingham vs Chicago

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryBellinghamChicago
Gross Income$58,500$70,100
State Income TaxNone$3,329
Federal Income Tax$4,891$6,871
FICA (SS + Medicare)$4,475$5,362
Property Tax (on median home)$5,450/yr$6,615/yr
State Sales Tax Rate6.5%6.3%
Total Tax Burden$9,366 (16.0%)$15,562 (22.2%)
Take-Home Pay$49,134$54,538

Washington has no state income tax, giving Bellingham residents a significant tax advantage. On median household income, total taxes (federal + state + FICA) come to $9,366 in Bellingham (16.0% effective) versus $15,562 in Chicago (22.2% effective). After taxes, take-home pay is $49,134 in Bellingham and $54,538 in Chicago. Property taxes add $5,450/year on the median Bellingham home versus $6,615/year in Chicago.

Salary Equivalence: What Your Income Is Worth

A $58,500 salary in Bellingham equals
$56,517
in Chicago
A $70,100 salary in Chicago equals
$72,560
in Bellingham

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $58,500 in Bellingham (COL 118) and relocate to Chicago (COL 114), you would need $56,517 to maintain the same purchasing power. This means you can take a pay cut of $1,983 and still maintain your lifestyle in Chicago.

Quality of Life: Bellingham vs Chicago

Average Commute
19 min
Bellingham
31 min
Chicago
12 min shorter in Bellingham
Unemployment Rate
4.2%
Bellingham
4.6%
Chicago
Bellingham lower
Metro Population
0.1M
Bellingham
9.6M
Chicago
Chicago is 97.6x larger

Beyond costs, quality of life matters. The average commute in Bellingham is 19 minutes versus 31 minutes in Chicago, a difference of 12 minutes each way. Bellingham's lower unemployment rate of 4.2% versus 4.6% suggests a stronger job market. Chicago skews slightly older with a median age of 36.7 vs 33.2 in Bellingham.

Other Cost of Living Comparisons

Bellingham vs New YorkCOL 118 vs 187Bellingham vs Los AngelesCOL 118 vs 173Bellingham vs DallasCOL 118 vs 105Chicago vs New YorkCOL 114 vs 187Chicago vs Los AngelesCOL 114 vs 173Chicago vs DallasCOL 114 vs 105

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Frequently Asked Questions

Is Bellingham or Chicago more expensive?

Bellingham is 3.4% more expensive than Chicago overall. Bellingham has a cost of living index of 118 compared to 114 for Chicago (national average = 100). The biggest difference is housing: the median home costs $545,000 in Bellingham vs $315,000 in Chicago.

How much more does housing cost in Bellingham vs Chicago?

The median home price in Bellingham is $545,000, which is $230,000 more than Chicago's median of $315,000. Monthly rent follows a similar pattern: $1,650/month in Bellingham vs $2,288/month in Chicago, a difference of $638/month or $7,656/year.

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

To maintain the same standard of living, a $58,500 salary in Bellingham is equivalent to $56,517 in Chicago. This is based on the cost of living index ratio: Bellingham's COL index of 118 vs Chicago's 114. Conversely, $70,100 in Chicago equals $72,560 in Bellingham.

Which city has lower taxes, Bellingham or Chicago?

On a median household income, the combined federal, state, and FICA tax burden is $9,366 (16.0% effective rate) in Bellingham vs $15,562 (22.2% effective rate) in Chicago. Property taxes on the median home are $5,450/year in Bellingham (1.0% rate) vs $6,615/year in Chicago (2.1% rate). Sales tax rates are 6.5% in Washington and 6.3% in Illinois.

What is the median household income in Bellingham and Chicago?

Bellingham median household income: $58,500/yr. Chicago median household income: $70,100/yr (Census ACS).

How does rent compare in Bellingham vs Chicago?

Median monthly rent: $1,650 in Bellingham vs $2,288 in Chicago. Annualized that is $19,800 vs $27,456.

Which city is better for remote workers, Bellingham or Chicago?

Chicago offers a lower cost of living (index 114 vs 118), which lets remote-workers keeping a coastal salary stretch further. Bellingham typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Bellingham and Chicago numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Bellingham vs Chicago comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Bellingham vs Chicago cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.