Quick answer
Overall prices in the Chicago, IL metro were 103.6 vs 100.9 in Tampa, FL in 2024 (US = 100), so Chicago is 2.7% more expensive than Tampa; housing rents differ by 11% (112.0 vs 125.8). A $75,000 income in Chicago buys about what $73,042 buys in Tampa, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Chicago | Tampa | Chicago vs Tampa |
|---|---|---|---|
| All items | 103.6 | 100.9 | +2.7% |
| Goods | 107.3 | 95.5 | +12.3% |
| Housing (rents) | 112.0 | 125.8 | -11.0% |
| Utilities | 83.6 | 88.5 | -5.6% |
| Other services | 100.5 | 97.6 | +3.0% |
| All items, 2008 | 105.4 | 103.3 | +2.1% |
| $50,000 in Chicago equals in Tampa | $48,694 | ||
| $100,000 in Chicago equals in Tampa | $97,389 | ||
| $150,000 in Chicago equals in Tampa | $146,083 |
Related
- Cost of living: Chicago, IL vs San Jose, CA (2024)
- Cost of living: Chicago, IL vs Seattle, WA (2024)
- Cost of living: Chicago, IL vs St. Louis, MO (2024)
- Cost of living: Chicago, IL vs Virginia Beach, VA (2024)
- Cost of living: Chicago, IL vs Washington, DC (2024)
- Cost of living in Chicago-Naperville-Elgin, IL-IN vs US average (2024)
- Cost of living in Chico, CA vs US average (2024)
- Cost of living in Cincinnati, OH-KY-IN vs US average (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.