Chicago vs Tampa

Cost of living and salary reality, side by side. At $60-80k, $70,000 in Chicago feels like approximately $70,621 in Tampa.

Data: 2026-Q2 · BLS · HUD · KFF

Your $60-80k in Chicago feels like $70,621 in Tampa. Moving would increase your purchasing power by 1%.

Income
Housing

Chicago

Tampa

Breathing Room
 
Housing Pressure
low
 
low
1BR Rent
$1,581/mo
 
$1,696/mo
State Tax
IL tax applies
 
No income tax
Take-Home /mo
$4,514
 
$4,803
Remote Work Fit
Chicago is a strong remote work city for those who value urban density, transit, and cultural richness at costs substantially below coastal peers.
 
Tampa is a strong remote work market with no state income tax, improving cultural amenities, and Gulf Coast access.
Walk Score
77
 
50
Comfortable
$60-80k · Chicago vs Tampa
Income Reality Check

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Curious what a raise — or a different path — would change?

THEN — $60-80k
NOW — $60-80k
~$4,514/mo take-home

At $60-80k in Chicago, your picture shifts from comfortable toward comfortable.

No city is objectively better. Chicago and Tampa each fit different priorities — the right one depends on what you're building toward.

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FAQ

Chicago vs Tampa — FAQ

Is it cheaper to live in Chicago or Tampa?

HUD FY2026 1BR Fair Market Rent is $1,581/mo in Chicago and $1,696/mo in Tampa. Chicago has lower median housing costs. Source: HUD FY2026 FMR.

How much do I need to earn in Tampa to match Chicago?

At a $60-80k income, $70,000 in Chicago feels like approximately $70,621 in Tampa — a gain of about 1% in purchasing power.

What is the state tax difference between Chicago and Tampa?

Chicago is in IL (IL levies income tax) and Tampa is in FL (no state income tax). Source: Tax Foundation 2025.

Which city has more breathing room?

Breathing room depends on your income and housing situation. Use the interactive comparison above to see how each city's picture changes across income bands.

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.