Quick answer
Overall prices in the Chicago, IL metro were 103.6 vs 93.9 in Cleveland, OH in 2024 (US = 100), so Chicago is 10.3% more expensive than Cleveland; housing rents differ by 41% (112.0 vs 79.4). A $75,000 income in Chicago buys about what $67,998 buys in Cleveland, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Chicago | Cleveland | Chicago vs Cleveland |
|---|---|---|---|
| All items | 103.6 | 93.9 | +10.3% |
| Goods | 107.3 | 93.6 | +14.6% |
| Housing (rents) | 112.0 | 79.4 | +41.0% |
| Utilities | 83.6 | 96.0 | -12.9% |
| Other services | 100.5 | 98.9 | +1.6% |
| All items, 2008 | 105.4 | 92.6 | +13.9% |
| $50,000 in Chicago equals in Cleveland | $45,332 | ||
| $100,000 in Chicago equals in Cleveland | $90,664 | ||
| $150,000 in Chicago equals in Cleveland | $135,995 |
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Last updated 2026-10-16. Data only, not financial or tax advice.