Chicago-Naperville-Elgin vs Cheyenne

Cost of living comparison based on BEA Regional Price Parities. Cheyenne is 6.9% less expensive than Chicago-Naperville-Elgin.

6.9% less expensive

Cheyenne, WY is 6.9% less expensive than Chicago-Naperville-Elgin, IL-IN on BEA Regional Price Parities (overall RPP 96.5 vs 103.6). A $100,000 salary in Chicago-Naperville-Elgin buys about the same as $93,143 in Cheyenne; the largest component gap is rents.

  • Overall RPP 103.6 (Chicago-Naperville-Elgin) vs 96.5 (Cheyenne)
  • $100k in Chicago-Naperville-Elgin ≈ $93,143 purchasing power in Cheyenne
  • Rents drives the gap (-22.2 RPP points)

RPP parity plate

Pair IL:WY 103.6→96.5

TIER-NEAR · CROSS-STATE · RENT-LED · BENCH-CROSS · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE IL × WY
  • RENT-LED Rent-led gap
  • 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.

Salary Equivalents

What a salary in Chicago-Naperville-Elgin would need to be in Cheyenne for the same purchasing power:

In Chicago-Naperville-Elgin In Cheyenne Difference
$50,000 $46,571 $-3,429
$75,000 $69,857 $-5,143
$100,000 $93,143 $-6,857
$150,000 $139,714 $-10,286
$ in Chicago-Naperville-Elgin = in Cheyenne

Same BEA Regional Price Parity ratio as the table above (103.6 → 96.5), computed live from your number, nothing is sent anywhere.

What This Comparison Actually Tells You

Cheyenne, WY is 6.9% less expensive than Chicago-Naperville-Elgin, IL-IN, a meaningful but not extreme shift. The move decision turns on which budget category creates the 7.1-point overall gap.

This route crosses the national benchmark: Chicago-Naperville-Elgin is above 100 while Cheyenne is below it. That makes the move a change of price regime, not merely a rank swap.

Rents leads the difference, with Cheyenne 22.2 points lower than Chicago-Naperville-Elgin. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Chicago-Naperville-Elgin corresponds to $93,143 in Cheyenne.

Category Breakdown

Visual Comparison

Overall
Chicago-Naperville-Elgin
103.6
Cheyenne
96.5
Goods
Chicago-Naperville-Elgin
107.3
Cheyenne
95.4
Services
Chicago-Naperville-Elgin
83.6
Cheyenne
78.0
Rents
Chicago-Naperville-Elgin
112.0
Cheyenne
89.8

Vertical line = national average (100)

Chicago-Naperville-Elgin
103.6
Cost Index
Cheyenne
96.5
Cost Index

How the Price Gap Changed

Chicago-Naperville-Elgin and Cheyenne share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 9.9 to 7.1 RPP points. Chicago-Naperville-Elgin remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 15.9 points between the first and latest shared releases (21.5 to 5.6 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Chicago-Naperville-Elgin RPP Cheyenne RPP Relative Gap
2008 105.4 95.6 9.9 points Chicago-Naperville-Elgin higher
2012 105.1 99.2 5.9 points Chicago-Naperville-Elgin higher
2016 103.8 97.9 5.9 points Chicago-Naperville-Elgin higher
2020 104.5 91.8 12.7 points Chicago-Naperville-Elgin higher
2024 103.6 96.5 7.1 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 Cheyenne more expensive than Chicago-Naperville-Elgin?

Cheyenne is 6.9% less expensive than Chicago-Naperville-Elgin. The overall cost index is 96.5 vs 103.6 (national average = 100).

What salary in Cheyenne equals $100K in Chicago-Naperville-Elgin?

A $100,000 salary in Chicago-Naperville-Elgin has the same purchasing power as $93,143 in Cheyenne. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Chicago-Naperville-Elgin and Cheyenne?

Rents in Chicago-Naperville-Elgin are indexed at 112.0 while Cheyenne is at 89.8 (national average = 100). Chicago-Naperville-Elgin has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

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.