Quick answer
Overall prices in the Chicago, IL metro were 103.6 vs 105.4 in Portland, OR in 2024 (US = 100), so Chicago is 1.7% less expensive than Portland; housing rents differ by 10% (112.0 vs 125.1). A $75,000 income in Chicago buys about what $76,322 buys in Portland, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Chicago | Portland | Chicago vs Portland |
|---|---|---|---|
| All items | 103.6 | 105.4 | -1.7% |
| Goods | 107.3 | 105.2 | +1.9% |
| Housing (rents) | 112.0 | 125.1 | -10.5% |
| Utilities | 83.6 | 107.0 | -21.9% |
| Other services | 100.5 | 100.1 | +0.4% |
| All items, 2008 | 105.4 | 98.7 | +6.8% |
| $50,000 in Chicago equals in Portland | $50,881 | ||
| $100,000 in Chicago equals in Portland | $101,763 | ||
| $150,000 in Chicago equals in Portland | $152,644 |
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Last updated 2026-10-16. Data only, not financial or tax advice.