Chicago-Joliet-Naperville vs Miami-Miami Beach-Kendall

Cost of Living Comparison

Chicago-Joliet-Naperville

Gross Salary $70,000
Tax -$10,706
Rent (2BR) -$21,372
Net Income $37,922

To match your lifestyle in Miami-Miami Beach-Kendall, you'd need:

$95,611

The Verdict

Cost of Living Index

Chicago-Joliet-Naperville 111.0
Miami-Miami Beach-Kendall 156.6
Cheaper Avg (100) Pricier

Purchasing Power

Chicago-Joliet-Naperville $34,163
Miami-Miami Beach-Kendall $21,408

Miami-Miami Beach-Kendall

Gross Salary $70,000
Tax -$7,241
Rent (2BR) -$29,232
Net Income $33,527

To match your lifestyle in Chicago-Joliet-Naperville, you'd need:

$51,958

The Bottom Line

On a $70,000 salary, you would have $4,395 more per year in Chicago-Joliet-Naperville compared to Miami-Miami Beach-Kendall. You'd pay $3,465 less in taxes in Miami-Miami Beach-Kendall, while housing costs 37% more. The cost of living in Chicago-Joliet-Naperville is 11% above avg, while Miami-Miami Beach-Kendall is 57% above avg, making Chicago-Joliet-Naperville the more affordable city overall. Your $70,000 salary in Chicago-Joliet-Naperville feels like earning $95,611 in Miami-Miami Beach-Kendall once you factor in taxes, rent, and cost of living. For K-12 education, Miami-Miami Beach-Kendall has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in Miami-Miami Beach-Kendall ($21,482 vs $17,451 avg in-state tuition).

K-12 Schools

Chicago-Joliet-Naperville
Miami-Miami Beach-Kendall
Schools
2,644
1,075
Enrollment
1,520,725
821,295
Pupil:Teacher
0:1
0:1
Charter %
5.6%
27.3%
Title I %
0%
0%

Colleges & Universities

Chicago-Joliet-Naperville
Miami-Miami Beach-Kendall
Institutions
170
132
In-State Tuition
$21,482
$17,451
Out-of-State
$22,727
$18,364
Grad Rate
55.4%
68.7%

Frequently Asked Questions

Is Chicago-Joliet-Naperville or Miami-Miami Beach-Kendall more expensive?

Miami-Miami Beach-Kendall is more expensive with a cost of living index of 156.6 vs 111.0 (national average = 100).

What salary in Miami-Miami Beach-Kendall equals $70,000 in Chicago-Joliet-Naperville?

You would need to earn approximately $95,611 in Miami-Miami Beach-Kendall to maintain the same purchasing power as a $70,000 salary in Chicago-Joliet-Naperville, after accounting for taxes, rent, and cost of living differences.

How much is rent in Chicago-Joliet-Naperville vs Miami-Miami Beach-Kendall?

Average annual rent for a 2-bedroom apartment is $21,372 in Chicago-Joliet-Naperville and $29,232 in Miami-Miami Beach-Kendall—housing is 37% more in Miami-Miami Beach-Kendall.