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Cost of living: Chicago, IL vs Denver, CO (2024)

Quick answer

Overall prices in the Chicago, IL metro were 103.6 vs 105.8 in Denver, CO in 2024 (US = 100), so Chicago is 2.1% less expensive than Denver; housing rents differ by 24% (112.0 vs 146.9). A $75,000 income in Chicago buys about what $76,583 buys in Denver, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)ChicagoDenverChicago vs Denver
All items103.6105.8-2.1%
Goods107.3101.0+6.2%
Housing (rents)112.0146.9-23.8%
Utilities83.687.9-4.9%
Other services100.599.4+1.0%
All items, 2008105.4105.8-0.3%
$50,000 in Chicago equals in Denver$51,056
$100,000 in Chicago equals in Denver$102,111
$150,000 in Chicago equals in Denver$153,167

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Last updated 2026-10-16. Data only, not financial or tax advice.

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