Overall
- Chicago-Naperville-Elgin
- 103.6
Diff -10.6 RPP
Miami-Fort Lauderdale-West Palm Beach vs Chicago-Naperville-Elgin
Cost of living comparison based on BEA Regional Price Parities. Chicago-Naperville-Elgin is 9.3% less expensive than Miami-Fort Lauderdale-West Palm Beach.
9.3% less expensive
Chicago-Naperville-Elgin, IL-IN is 9.3% less expensive than Miami-Fort Lauderdale-West Palm Beach, FL on BEA Regional Price Parities (overall RPP 103.6 vs 114.2). A $100,000 salary in Miami-Fort Lauderdale-West Palm Beach buys about the same as $90,749 in Chicago-Naperville-Elgin; the largest component gap is rents.
- Overall RPP 114.2 (Miami-Fort Lauderdale-West Palm Beach) vs 103.6 (Chicago-Naperville-Elgin)
- $100k in Miami-Fort Lauderdale-West Palm Beach ≈ $90,749 purchasing power in Chicago-Naperville-Elgin
- Rents drives the gap (-43.5 RPP points)
RPP parity plate
Pair FL:IL 114.2→103.6
TIER-GAP · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-SHIFT
- TIER-GAP Clear tier gap
- CROSS-STATE FL × IL
- SPLIT-BUDGET Split budget
- BOTH-ABOVE Both above 100
- 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 +3.7 RPP
Services
Diff -13.7 RPP
Rents
- Chicago-Naperville-Elgin
- 112.0
Diff -43.5 RPP
| Category | Miami-Fort Lauderdale-West Palm Beach | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Overall | 114.2 | 103.6 | -10.6 |
| Goods | 103.6 | 107.3 | +3.7 |
| Services | 97.2 | 83.6 | -13.7 |
| Rents | 155.6 | 112.0 | -43.5 |
Visual Comparison
Overall
Miami-Fort Lauderdale-West Palm Beach 114.2
Chicago-Naperville-Elgin 103.6
Goods
Miami-Fort Lauderdale-West Palm Beach 103.6
Chicago-Naperville-Elgin 107.3
Services
Miami-Fort Lauderdale-West Palm Beach 97.2
Chicago-Naperville-Elgin 83.6
Rents
Miami-Fort Lauderdale-West Palm Beach 155.6
Chicago-Naperville-Elgin 112.0
Vertical line = national average (100)
What This Comparison Actually Tells You
Rents creates the largest separation: Chicago-Naperville-Elgin is 43.5 points lower. But goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Miami-Fort Lauderdale-West Palm Beach, FL and Chicago-Naperville-Elgin, IL-IN sit in clearly different price tiers, separated by 10.6 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.
Both metros exceed the U.S. benchmark of 100. The choice is between two national premiums, so local wages need to clear the higher baseline in either market.
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 Miami-Fort Lauderdale-West Palm Beach corresponds to $90,749 in Chicago-Naperville-Elgin.
Miami-Fort Lauderdale-West Palm Beach
114.2
Cost Index
Chicago-Naperville-Elgin
103.6
Cost Index
Salary Equivalents
What a salary in Miami-Fort Lauderdale-West Palm Beach would need to be in Chicago-Naperville-Elgin for the same purchasing power:
| In Miami-Fort Lauderdale-West Palm Beach | In Chicago-Naperville-Elgin | Difference |
|---|---|---|
| $50,000 | $45,375 | $-4,625 |
| $75,000 | $68,062 | $-6,938 |
| $100,000 | $90,749 | $-9,251 |
| $150,000 | $136,124 | $-13,876 |
$ in Miami-Fort Lauderdale-West Palm Beach = in Chicago-Naperville-Elgin
Same BEA Regional Price Parity ratio as the table above (114.2 → 103.6), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Chicago-Naperville-Elgin more expensive than Miami-Fort Lauderdale-West Palm Beach?
Chicago-Naperville-Elgin is 9.3% less expensive than Miami-Fort Lauderdale-West Palm Beach. The overall cost index is 103.6 vs 114.2 (national average = 100).
What salary in Chicago-Naperville-Elgin equals $100K in Miami-Fort Lauderdale-West Palm Beach?
A $100,000 salary in Miami-Fort Lauderdale-West Palm Beach has the same purchasing power as $90,749 in Chicago-Naperville-Elgin. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Miami-Fort Lauderdale-West Palm Beach and Chicago-Naperville-Elgin?
Rents in Miami-Fort Lauderdale-West Palm Beach are indexed at 155.6 while Chicago-Naperville-Elgin is at 112.0 (national average = 100). Miami-Fort Lauderdale-West Palm Beach 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.