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Chicago, IL vs Las Vegas, NV

Moving from Chicago to Las Vegas? Here's what changes — from your equivalent salary to housing ($353,998 → $430,650 median home) and taxes.

Chicago, IL
Photo: File:Chicago River ferry.jpg: John Picken derivative work: Georgfotoart via Commons · CC BY 2.0
Las Vegas, NV
Photo: Mike McBey via Commons · CC BY 2.0

Chicago vs Las Vegas at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Chicago, IL Las Vegas, NV Cost-of-living index Chicago, IL — Cost-of-living index: 102 102 Las Vegas, NV — Cost-of-living index: 98 98 Median home price Chicago, IL — Median home price: $354k $354k Las Vegas, NV — Median home price: $431k $431k Price per sqft Chicago, IL — Price per sqft: $208 $208 Las Vegas, NV — Price per sqft: $227 $227 Median rent Chicago, IL — Median rent: $2,266 $2,266 Las Vegas, NV — Median rent: $1,737 $1,737 Combined sales tax Chicago, IL — Combined sales tax: 8.9% 8.9% Las Vegas, NV — Combined sales tax: 8.2% 8.2% Property tax rate Chicago, IL — Property tax rate: 2.11% 2.11% Las Vegas, NV — Property tax rate: 0.51% 0.51% Violent crime /100k (state avg) Chicago, IL — Violent crime /100k (state avg): 430 430 Las Vegas, NV — Violent crime /100k (state avg): 460 460 Electricity ¢/kWh Chicago, IL — Electricity ¢/kWh: 20.5 20.5 Las Vegas, NV — Electricity ¢/kWh: 14.3 14.3 Avg commute (min) Chicago, IL — Avg commute (min): 31 31 Las Vegas, NV — Avg commute (min): 25 25 Avg summer high °F Chicago, IL — Avg summer high °F: 85° 85° Las Vegas, NV — Avg summer high °F: 95° 95° Avg winter low °F Chicago, IL — Avg winter low °F: 15° 15° Las Vegas, NV — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Chicago, IL, you'd need about $88,313 in Las Vegas, NV (−$11,687).

Livability — Chicago, IL: 63 · Las Vegas, NV: 65 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,402 sqft in Chicago vs 2,206 sqft in Las Vegas ($208 vs $227 per sqft).

Annual cost breakdown (at $100,000)

CategoryChicago, ILLas Vegas, NVDifference
Housing $27,192 $20,844 −$6,348
Groceries $5,215 $4,841 −$374
Transportation $3,550 $4,740 +$1,190
Utilities $4,800 $4,152 −$648
Insurance $180 $180 +$0
Taxes $8,051 $2,881 −$5,170
Total $48,988 $37,638 −$11,350

Effective state & local tax rate on $100,000 — Chicago, IL: 8.1% · Las Vegas, NV: 2.9% (income + local + sales + property tax where applicable ÷ income)

Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.

Side by side

MetricChicago, ILLas Vegas, NV
Cost-of-living index102.598.3
Unemployment rate6.19%7.66%
Population growth (5-yr)0.2%7.3%
Air quality (median AQI)5664
Big Mac price (est.)$5.83$5.59
Median home price$353,998$430,650
Home price ÷ income4.2×6.2×
1-yr home appreciation4.4%-2.7%
Price per square foot$208$227
Median rent$2,266$1,737
Total tax burden (state avg, Tax Foundation)12.9%9.6%
Combined sales tax8.86%8.23%
Capital gains tax4.95%None
Property tax rate2.11%0.51%
Life expectancy at birth78.2 yrs76.6 yrs
Healthcare (annual)$6,800$6,400
Uninsured (share of residents)8.4%13.6%
Primary care providers / 100k8555
Childcare (annual, infant)$14,000$11,000
Vehicle property taxNone2.12%
Days per year ≥ 90°F18127
Days per year ≥ 100°F164
Homes with air conditioning (state)96%92%
Avg commute (min)3125
Commute by driving alone63.6%72.6%
Home insurance / yr$1,900$1,300
Auto insurance / yr$1,600$2,400
FEMA risk index (0–100, higher = more risk)97.1 — Relatively High99.6 — Very High
Flood insurance / yr$700$500
Earthquake insurance / yr$300$400
Electricity ¢/kWh20.514.3
Gas $/gal3.604.20
Natural gas / mo$82$48
Water & sewer / mo$57$80
Home internet / mo$77$89
Violent crime /100k (state avg)430460
Avg summer high °F8595
Avg winter low °F1530
Annual precipitation (in)40.94.2
Annual snowfall (in)38.80.2
Sunshine (% possible)54%85%
Permit difficulty (1–5)43

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