Overall
- Chicago-Naperville-Elgin
- 103.6
Diff -4.0 RPP
Chicago-Naperville-Elgin vs Albany-Schenectady-Troy
Cost of living comparison based on BEA Regional Price Parities. Albany-Schenectady-Troy is 3.9% less expensive than Chicago-Naperville-Elgin.
3.9% less expensive
Albany-Schenectady-Troy, NY is 3.9% less expensive than Chicago-Naperville-Elgin, IL-IN on BEA Regional Price Parities (overall RPP 99.6 vs 103.6). A $100,000 salary in Chicago-Naperville-Elgin buys about the same as $96,111 in Albany-Schenectady-Troy; the largest component gap is services.
- Overall RPP 103.6 (Chicago-Naperville-Elgin) vs 99.6 (Albany-Schenectady-Troy)
- $100k in Chicago-Naperville-Elgin ≈ $96,111 purchasing power in Albany-Schenectady-Troy
- Services drives the gap (+50.5 RPP points)
RPP parity plate
Pair IL:NY 103.6→99.6
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE IL × NY
- SPLIT-BUDGET Split budget
- BENCH-CROSS Benchmark cross
- PP-SHIFT PP shift
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Category Breakdown
Goods
- Chicago-Naperville-Elgin
- 107.3
Diff -7.6 RPP
Services
- Albany-Schenectady-Troy
- 134.0
Diff +50.5 RPP
Rents
- Chicago-Naperville-Elgin
- 112.0
- Albany-Schenectady-Troy
- 102.6
Diff -9.4 RPP
| Category | Chicago-Naperville-Elgin | Albany-Schenectady-Troy | Difference |
|---|---|---|---|
| Overall | 103.6 | 99.6 | -4.0 |
| Goods | 107.3 | 99.7 | -7.6 |
| Services | 83.6 | 134.0 | +50.5 |
| Rents | 112.0 | 102.6 | -9.4 |
Visual Comparison
Overall
Chicago-Naperville-Elgin 103.6
Albany-Schenectady-Troy 99.6
Goods
Chicago-Naperville-Elgin 107.3
Albany-Schenectady-Troy 99.7
Services
Chicago-Naperville-Elgin 83.6
Albany-Schenectady-Troy 134.0
Rents
Chicago-Naperville-Elgin 112.0
Albany-Schenectady-Troy 102.6
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Albany-Schenectady-Troy is 50.5 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Albany-Schenectady-Troy, NY is 3.9% less expensive than Chicago-Naperville-Elgin, IL-IN, a meaningful but not extreme shift. The move decision turns on which budget category creates the 4.0-point overall gap.
This route crosses the national benchmark: Chicago-Naperville-Elgin is above 100 while Albany-Schenectady-Troy is below it. That makes the move a change of price regime, not merely a rank swap.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Chicago-Naperville-Elgin to $96,111 in Albany-Schenectady-Troy, but it is not a personal spending weight.
Chicago-Naperville-Elgin
103.6
Cost Index
Albany-Schenectady-Troy
99.6
Cost Index
Salary Equivalents
What a salary in Chicago-Naperville-Elgin would need to be in Albany-Schenectady-Troy for the same purchasing power:
| In Chicago-Naperville-Elgin | In Albany-Schenectady-Troy | Difference |
|---|---|---|
| $50,000 | $48,055 | $-1,945 |
| $75,000 | $72,083 | $-2,917 |
| $100,000 | $96,111 | $-3,889 |
| $150,000 | $144,166 | $-5,834 |
$ in Chicago-Naperville-Elgin = in Albany-Schenectady-Troy
Same BEA Regional Price Parity ratio as the table above (103.6 → 99.6), computed live from your number, nothing is sent anywhere.
How the Price Gap Changed
Chicago-Naperville-Elgin and Albany-Schenectady-Troy share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 3.0 to 4.0 RPP points. Chicago-Naperville-Elgin remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 9.9 points between the first and latest shared releases (19.3 to 9.4 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Chicago-Naperville-Elgin RPP | Albany-Schenectady-Troy RPP | Relative Gap |
|---|---|---|---|
| 2008 | 105.4 | 102.4 | 3.0 points Chicago-Naperville-Elgin higher |
| 2012 | 105.1 | 99.5 | 5.7 points Chicago-Naperville-Elgin higher |
| 2016 | 103.8 | 101.1 | 2.7 points Chicago-Naperville-Elgin higher |
| 2020 | 104.5 | 99.0 | 5.5 points Chicago-Naperville-Elgin higher |
| 2024 | 103.6 | 99.6 | 4.0 points Chicago-Naperville-Elgin higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Frequently Asked Questions
Is Albany-Schenectady-Troy more expensive than Chicago-Naperville-Elgin?
Albany-Schenectady-Troy is 3.9% less expensive than Chicago-Naperville-Elgin. The overall cost index is 99.6 vs 103.6 (national average = 100).
What salary in Albany-Schenectady-Troy equals $100K in Chicago-Naperville-Elgin?
A $100,000 salary in Chicago-Naperville-Elgin has the same purchasing power as $96,111 in Albany-Schenectady-Troy. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Chicago-Naperville-Elgin and Albany-Schenectady-Troy?
Rents in Chicago-Naperville-Elgin are indexed at 112.0 while Albany-Schenectady-Troy is at 102.6 (national average = 100). Chicago-Naperville-Elgin has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.