Compare Cost of Living Data

Compare the cost of living, employment tax, and crime between

Chicago, Illinois and Seattle, Washington

This page is a promotion for ERI's Assessor Series and is not intended for professional use.
Professionals should subscribe to ERI’s Assessor Series.

How much money do you need to maintain a similar lifestyle in a different city?

If you're making
$30,000 in Chicago, Illinois,
You would need to make
$31,693 in Seattle, Washington
to maintain the same standard of living.
Seattle, Washington is 6%
more expensive than Chicago, Illinois.

Cost of Living Information

Chicago vs. Seattle Affordability Breakdown

The cost of living index is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous expenses.

Chicago, Illinois is ranked

285/5,673 cities in United States

Seattle, Washington is ranked

129/5,673 cities in United States

Compared to National Average

Chicago, Illinois

Seattle, Washington
Below Average
Average
Above Average
0



+ 44%

+ 52%

1/286 cities in Illinois

Compared to State Average
Below Average
Average
Above Average
0


+ 42%

2/122 cities in Washington

Compared to State Average
Below Average
Average
Above Average
0


+ 33%

Assumptions Used to Calculate the Cost of Living Index:

Salary$72,000Edit
House SizeTwo Bedroom AptEdit
Family SizeFourEdit
Ownership vs. RentRentEdit
Need more details? Upgrade to ERI's Assessor Platform for more comprehensive information.

Research cost of living data for a single location

Affordability Breakdown


Chicago, Illinois

Seattle, Washington
Below Average
Average
Above Average
0
Food info




Transportation info




Housing info




Health info




The following are collected for use in calculating cost of food: meats, dairy products, produce, bakery products, miscellaneous grocery products, fast food, and average casual restaurant.

The data used to calculate the cost of food score is a sample of data pulled from ERI Economic Research Institute' Relocation Assessor. For a more detailed food price index, please try a free demo of the cloud-based Relocation Assessor.
The cost of transportation score uses local data on commuting patterns and city dispersion combined with fuel cost factors, public transportation, and efficiency patterns of public transportation in relationship to a transportation price level index. A relative cost of airline travel component is also included. In major cities, where parking is a substantial cost, estimates are included for parking expenses during regular business hours.

Transportation factors also include the yearly total cost of operating automobile(s) and/or equivalent commuter expense for ten miles.The cost of operating an automobile defaults to 20 miles round trip daily, maintenance, taxes and licensing fees, insurance, gasoline costs including taxes, etc.Costs vary according to changes to number of vehicles, combined value and combined prose, and annual mileage/kilometers.Sources include IRS allowed reimbursement policies, local gasoline, insurance, licensing and maintenance/service prices.

The data used to calculate the cost of transportation score is a sample of data pulled from ERI Economic Research Institute's Relocation Assessor. For a more detailed transportation price index, please try a free demo of the cloud-based Relocation Assessor.
The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices, and utilities.

For the estimated monthly rent prices, data on average and median rent price per square foot on a 900 square foot (2 bed room), unfurnished higher-quality apartment is collected.Estimated apartment rental prices assume a standard lease (usually 1-year) is signed.The same geographic assumptions and data standards used for home prices are applied to data collection and survey procedures.Utilities are estimated based on costs for common heating/cooling/sources of energy for the location. Water and sewer cost estimates are also included.

The data used to calculate the cost of housing score is a sample of data pulled from ERI Economic Research Institute's Relocation Assessor. For a more detailed housing price index, please try a free demo of the cloud-based Relocation Assessor.
The following are collected for use in the health care grade estimate: a "check-up" to a primary care physician, a regular cleaning with a dentist, and the cost of a widely prescribed non-generic pharmaceutical drug.

Health care services include out-of-pocket costs for the employee and carrier zone rates by location, along with hospital costs. They are based primarily upon group medical benefits as tracked by national carriers and in-house methodology. Health care services vary by family size.

The data used to calculate the cost of health care score is a sample of data pulled from ERI Economic Research Institute's Relocation Assessor. For a more detailed health care price index, please try a free demo of the cloud-based Relocation Assessor.
In this graph, we break down the overall cost of living into some of the major contributing factors. ERI downloads housing sales data from commercially available sources. Gasoline, consumables, and medical care premium costs are also collected from authoritative online databases. ERI research staff then audits these sources to help aid them in finding the cost of living compared to other locations.

Cost of Labor in Chicago, IL

Higher than US Average

Cost of Labor in Seattle, WA

Higher than US Average
The exact percent cost of labor differential can be found in ERI's Assessor Platform.

Area Information

Chicago, Illinois vs. Seattle, Washington Salary Comparison

Average Salary in Chicago, IL

$69,817 Yearly

$34 Hourly

Average Salary in Seattle, WA

$75,630 Yearly

$36 Hourly

Median Household Income in Chicago

The median household income is
$62,097

Median Household Income in Seattle

The median household income is
$97,185

Median House Price in Chicago

The median home price is
$267,600

Median House Price in Seattle

The median home price is
$713,600

State Taxes in Illinois

This ranking is based on income tax rates
8th highest

state tax rate in the US

State Taxes in Washington

This ranking is based on income tax rates
6th lowest

state tax rate in the US

Comparing Walk Scores

Walk Scores are provided by walkscore.com. These scores summarize the walkability and public transit options available in a city.

Walk Score in Chicago, IL

Walk Scores are provided by walkscore.com. These scores summarize the walkability and public transit options available in a city.

Walk Score in Seattle, WA

Walk Scores are provided by walkscore.com. These scores summarize the walkability and public transit options available in a city.

Employment Levels in Chicago, IL vs. Seattle, WA

Employment Rate per Month

Employment rate is calculated as the average change in the number of jobs added to the labor market per month over the span of the previous year.

Chicago

3,290

Seattle

-436

Labor Force Count

The labor force is estimated by the number of employed people plus the unemployed who are looking for work.

Chicago

2,646,920

Seattle

1,171,935

Unemployment Rate

Unemployment rate is calculated by dividing the number of unemployed individuals by all individuals currently in the labor force.

Chicago

6%

Seattle

4%

Upward Mobility Rate

Upward mobility is a measure of the average economic outcome of a child from a below-median income family compared to their parents.

Chicago

38%

Seattle

44%
Yearly Crime Overview in Chicago, IL
Total Population: 2,693,598
Crime Rate: 0.99%

US National

Chicago
Violent Crime
12,441*
26,583*
Property Crime
59,121*
0*
Total Crime
71,562*
26,583*
The crime rate in Chicago is 0.99%. Crime rate is calculated by dividing the number of reported crimes by the total population.
Yearly Crime Overview in Seattle, WA
Total Population: 787,749
Crime Rate: 5.85%

US National

Seattle
Violent Crime
3,638*
5,869*
Property Crime
17,290*
40,192*
Total Crime
20,928*
46,061*
The crime rate in Seattle is 5.85%. Crime rate is calculated by dividing the number of reported crimes by the total population.
Violent Crime Overview in Chicago, IL
Total Violent Crime: 26,583
Violent Crime Rate: 0.99%

US National

Chicago
Murder
203*
771*
Robbery
2,403*
7,869*
Assault
8,661*
16,597*
The violent crime rate in Chicago is 0.99%. Violent crime rate is calculated by dividing the number of reported violent crimes (murder, robbery, and assault) by the total population.
Violent Crime Overview in Seattle, WA
Total Violent Crime: 5,869
Violent Crime Rate: 0.75%

US National

Seattle
Murder
59*
41*
Robbery
703*
1,736*
Assault
2,532*
3,809*
The violent crime rate in Seattle is 0.75%. Violent crime rate is calculated by dividing the number of reported violent crimes (murder, robbery, and assault) by the total population.
Property Crime Overview in Chicago, IL
Total Property Crime: 0
Property Crime Rate: 0%

US National

Chicago
Burglary
8,778*
8,643*
Larceny
42,252*
0*
Vehicle Theft
8,608*
10,053*
Arson
417*
636*
The property crime rate in Chicago is 0.00%. Property crime rate is calculated by dividing the number of reported property crimes (burglary, larceny, motor vehicle theft, and arson) by the total population.
Property Crime Overview in Seattle, WA
Total Property Crime: 40,192
Property Crime Rate: 5.1%

US National

Seattle
Burglary
2,567*
9,926*
Larceny
12,356*
25,005*
Vehicle Theft
2,517*
5,261*
Arson
121*
223*
The property crime rate in Seattle is 5.10%. Property crime rate is calculated by dividing the number of reported property crimes (burglary, larceny, motor vehicle theft, and arson) by the total population.

Search

Browse Cost of Living in Other Locations

FAQs

What is a cost of living index?

A cost of living index is a broad measurement of the cost of different expenses expected by the average person living in a certain location. Some of the categories tracked include health care costs, transportation, housing, groceries, and more. These numbers are tracked in specific locations to gauge how much it costs to live in a certain area over time.

Another good way to interpret this general number is to ask the question, "How many goods and/or services does a specific amount of money purchase in a given location?" An easy example would be that $100 goes further in Reno, Nevada, than it does in San Francisco, California. The goods and services tracked are need-based, meaning entertainment and other incurred expenses not required to live in a certain area are not tracked.

The main purpose of a cost of living index is to help a person quickly decide if moving from one location to another will increase or decrease quality of life.

How did we calculate our cost of living index?

Cost of living data are derived from ERI's cost of living surveys and web digitization of public domain records. Data are comprised of health care, transportation, housing, and grocery costs, which are then averaged out across the county. On the graphs above, the "0" represents the country's average. The percentage can either be lower, expressed by a negative number, or higher than the national average, expressed by a positive number. The important part to remember is the locations are compared to an average of other locations.

How did we calculate our cost of living index?

Cost of labor may sound like cost of living, but it refers to the price of labor as opposed to the cost to living in a location. Cost of labor refers to all the upfront costs that an employer must pay when hiring work from a particular area. This factors in costs such as the payroll taxes and required benefits when hiring from a particular location. This number is displayed as a percent average higher or lower than the national average. To see the cost of labor data for a particular location, please fill out this quote form with your location of interest.

You May Also Like

White Papers

Planning Global Compensation Budgets for 2022
Planning Global Compensation Budgets for 2022
An analysis of projections for 2022 salary trends across 71 countries was conducted to support businesses in next years salary planning and to help with salary increase budgeting.
Read More
Planning Global Compensation Budgets for 2021 - January Update
Planning Global Compensation Budgets for 2021 - January Update
For this release, we have revised the projections for 2020 and 2021 as further research found organizations shifted their compensation planning strategies in light of the pandemic.
Read More
Remote Worker Compensation Strategies
Remote Worker Compensation Strategies
We will look at several approaches to compensation for remote workers, starting with cost of labor and comparing that to cost-of-living methods.
Read More
Planning Global Compensation Budgets for 2021
Planning Global Compensation Budgets for 2021
ERI makes significant revisions to our expectations of 2020 salary increase values based on the impact of COVID-19 and provides initial projections for 2021.
Read More

Blogs

North American Minimum Wage Updates - April 2024
North American Minimum Wage Updates - April 2024
Learn about the latest updates for North American minimum wage changes on a monthly basis.
Read More
Comparing Salaries in Different Cities Using Geographic Pay Differentials
Comparing Salaries in Different Cities Using Geographic Pay Differentials
Geographic pay differentials are market-driven pay variations between geographic locations of the work performed. They are designed as a tool to create equitable compensation across labor markets, to the...
Read More
Geographic Pay Differentials: Practices in Managing Pay Between Locations
Geographic Pay Differentials: Practices in Managing Pay Between Locations
Geographic differentials are market-driven pay variations between locations. One of the most important overall planning strategies is to create equitable compensation across labor markets for the entire...
Read More