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Cost of living: Chicago, IL vs Oklahoma City, OK (2024)

Quick answer

Overall prices in the Chicago, IL metro were 103.6 vs 90.4 in Oklahoma City, OK in 2024 (US = 100), so Chicago is 14.6% more expensive than Oklahoma City; housing rents differ by 52% (112.0 vs 73.9). A $75,000 income in Chicago buys about what $65,453 buys in Oklahoma City, 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)ChicagoOklahoma CityChicago vs Oklahoma City
All items103.690.4+14.6%
Goods107.393.8+14.4%
Housing (rents)112.073.9+51.6%
Utilities83.674.1+12.8%
Other services100.595.5+5.3%
All items, 2008105.492.8+13.6%
$50,000 in Chicago equals in Oklahoma City$43,635
$100,000 in Chicago equals in Oklahoma City$87,271
$150,000 in Chicago equals in Oklahoma City$130,906

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

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