CostIndexUSA

Chicago, IL vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Chicago
103.6
overall index
$2,100/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is significantly cheaper than Chicago — 16.5% lower overall cost of living.

To match an $80,000 salary in Chicago, you would need $66,800 in Sioux City. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing48.4%
Chicago
112
Sioux City
57.8
🛒 Groceries12.4%
Chicago
107.3
Sioux City
94
🚗 Transportation7.7%
Chicago
105.5
Sioux City
97.4
🏥 Healthcare7.7%
Chicago
95.5
Sioux City
88.1
Utilities1.1%
Chicago
83.6
Sioux City
82.7

Salary Equivalency Calculator

Enter your current salary in Chicago to see what you'd need to earn in Sioux City to maintain the same purchasing power.

$
Equivalent salary in Sioux City, IA
$66,800
$13,200 less needed in Sioux City

Formula: salary × (86.5 ÷ 103.6) = salary × 0.8349. Based on BEA Regional Price Parities.

Housing Market

Chicago, IL

Median Home Price
$334,000
Median Monthly Rent
$2,100
Housing Index
112
Price-to-Rent Ratio
13.3×

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

Chicago has 48.4% lower housing costs compared to Sioux City.

Income & Job Market

Chicago, IL

Median Household Income
$87,100
Per Capita Income
$49,600
Unemployment Rate
4.9%
Population
2,693,976
Top Industries
FinanceHealthcareManufacturingTechnologyRetail

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Chicago, IL
3.5×income-to-rent ratio

71% of income left after rent (median)

Sioux City, IA
5.1×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.